Company Profile For Aluminum Corporation of China Limited

Aluminum Corporation of China Limited (601600.SS) (Shanghai Stock Exchange)
sector: Basic Materials · industry: Aluminum ·
As of  27 Nov 2009
14.08CNY
Price Change
-0.63
Percent Change
-4.28%
 
 
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Overview

Aluminum Corporation of China Limited is principally engaged in the extraction of aluminum oxide, electrolyzation of virgin aluminum and the processing and production of aluminum. The Company operates its business through three segments: aluminum oxide segment, producing and selling aluminum oxide, aluminum hydroxide and gallium; virgin aluminum, providing virgin aluminum, carbon element products and aluminum alloys, and aluminum processing segment, offering casting products, slab band products, foils, squeezing products, forging products, powder products and die-casting products. The Company's gallium products include gallium metal and gallium oxide. The Company also provides remelted aluminum ingots. The Company's products are applied in construction, electricity, packaging, transportation, nondurable consumer goods, hard board material, wire and cable, ceramics, refractory material, laundry, petrochemical, and aero-space industries.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Aluminum Corporation of China Limited Company's revenues decreased 23% to RMB45.06B. The Company's net loss for the period totaled RMB3.50B, vs. an income of RMB2.57B. Revenues reflect decreased sales due to unfavorable market demand. Net loss also suffered from negative gross profit margin and largely decreased gain due to fair value change, as well as lower gain from reversal of impairment loss.

Company Address

Aluminum Corporation of China Limited
62, Xizhimen North Avenue,
Haidian District
Beijing   BEJ   100082
P: +8610.82298103
F: +8610.82298158

Total Employees

107887

Find Out More About 601600.SS

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