今日晚间，中国铝业发布业绩预告，预计2024年上半年实现归属于上市公司股东的净利润为65亿元-73亿元，同比增加90%-114%；同期扣非净利润预计为64亿元-72亿元，同比增加 122%-150%。 ① Thanks to the hot market and cost reduction and efficiency of the two main products, electrolytic aluminum and alumina, China Aluminum's H1 net profit may have surpassed the full year of last year; ② Judging from the four major aluminum companies that have disclosed their performance forecasts, the first half of the year's results are all expected to increase by more than 50%.
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Financial Services Association, July 11 (Reporter Liang Xiangcai) Thanks to the hot market and cost reduction and efficiency of the two main products, electrolytic aluminum and alumina, China Aluminum (601600.SH) H1 pre-increased. Net profit is expected to nearly double year-on-year, or exceed the net profit scale of about 6.7 billion yuan for the full year of last year.
This evening, China Aluminum released a performance forecast. The net profit attributable to shareholders of listed companies is expected to be 6.5 billion yuan to 7.3 billion yuan in the first half of 2024, an increase of 90%-114% over the same period; non-net profit deducted for the same period is expected to be 6.4 billion yuan to 7.2 billion yuan, an increase of 122% to 150% year on year.
Regarding the reason for the increase in performance, a relevant person in the aluminum industry in China told the reporter that the price of electrolytic aluminum was improving in the first half of the year, especially the price of alumina was superior; in terms of cost reduction and efficiency, the company has been promoting all-factor benchmarking, that is, breaking down the processes in the company's industrial chain and then finding benchmark companies in the industry to benchmark.
In terms of energy consumption, at the performance briefing held in late May, Ge Xiaolei, financial director and board secretary of China Aluminum, said that currently all of the company's aluminum electrolytic aluminum companies consume no more than 13,450 kilowatt-hours/ton of integrated aluminum electricity, which is at the forefront of the industry.
According to some agency data, the average price of A00 aluminum in the first half of 2024 was 19,492 yuan/ton, up 6% year on year; the average profit of electrolytic aluminum was 2,637 yuan/ton, up 65% year on year. In the same period, the average price of alumina was 3,489 yuan/ton, up 20% year on year; the average profit of alumina was 732 yuan/ton, up 442% year on year.
Judging from the four major aluminum companies that have disclosed their performance forecasts, they all achieved impressive results in the first half of the year. As of press release on July 11, the net profit of Yunlu (000807.SZ) and Nanshan Aluminum (600219.SH) is expected to increase by more than 50% year on year. Among them, the net profit of Tianshan Aluminum (002532.SZ) H1 is expected to double year on year.
