Summary by Futu AI
CHINA ALUMINIUM INDUSTRY (CHALCO) ANNOUNCED ITS 2023 ANNUAL RESULTS ON 26 JANUARY 2024, EXPECTING NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF LISTED COMPANIES TO REACH $63 BILLION TO $73 BILLION IN 2023, AN INCREASE OF 50% TO 74% YEAR-ON-YEAR. Net profit, net profit is expected to be between $66 billion and $76 billion, up 113% to 145% year-on-year, after excluding non-recurring losses. Earnings per share are expected to be $0.36 to $0.42, up 51% to 76% year-over-year. The forecast data has not yet been audited. The Company noted that this performance growth was mainly due to effective capacity utilization improvement and all-element target deepening. THE COMPANY EMPHASIZES THAT THERE ARE CURRENTLY NO SIGNIFICANT UNCERTAINTIES AFFECTING THE ACCURACY OF THE RESULTS FORECAST, BUT REMINDS INVESTORS TO BE AWARE OF INVESTMENT RISKS AND THAT FINAL FINANCIAL DATA WILL BE ACCURATE AS AUDITED ANNUAL REPORTS.