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Aluminum Corp of China Ltd (ACH.N)

ACH.N on New York Stock Exchange

17 Sep 2019
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Wed, Aug 28 2019

Chalco first-half aluminum output falls more than 8% as prices sag; profits fall

BEIJING Chinese aluminum giant Chalco's production of the metal fell more than 8% in first-half 2019 from the same period a year earlier, data showed on Wednesday, highlighting the impact of low prices on Chinese smelters.

UPDATE 1-Chalco H1 aluminium output falls more than 8% as prices sag; profits fall

* Jan-June output 1.89 mln T vs 2.06 mln T yr-ago - presentation

Chalco H1 profit falls on higher costs, lower aluminium prices

* Jan-June net profit down 14.1% y/y at 705.8 mln yuan - statement

UPDATE 1-Chalco aluminium output drops in first quarter; profits rise

* Company posts Q1 net income of 444.9 mln yuan, up 46 pct y/y

Chalco returns to profit in first quarter on asset disposals

BEIJING, April 29 Aluminum Corp of China Ltd , known as Chalco, said on Monday its profits rose 46 percent year-on-year in the first quarter as aluminium prices stabilised and asset disposals swelled its bottom line.

UPDATE 2-China's Chalco leapfrogs Rusal as 2nd-biggest listed aluminium producer

* Output rise comes despite capacity closures, price slump (Adds comments, Chalco's results)

Chalco posts quarterly loss on low aluminium prices, 2018 profit slumps

BEIJING Aluminum Corp of China Ltd, known as Chalco, posted its first quarterly loss in more than three years on Thursday and said annual net profits fell last year due to low aluminium prices and slack domestic demand.

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