Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
14 JANUARY 2014 AL CIRCLE

Chalco expected to convert losses into profits for 2013

1MINS READ
As the New Year ushers in, it is expected that Aluminium Corporation of China (Chalco) will make up for their losses for the last year. With their cost reduction as well as asset optimization efforts, they are making every attempt to earn maximum profits.

Recently the company said to Shanghai and Hong Kong stock exchanges, it expects to make a net profit of 1 billion yaun ($164 million) approximately making up for earlier loss of 8.23 billion yuan.

In the exchange filing, the company said that the alumina products cost have witnessed a drop by 9% approximately year-on-year while the products of electrolysis aluminium have dropped by 5%. The company has worked to achieve the goal of expanding their business to reach heights of success in the industry. In order to achieve this, they have disposed assets in iron ore business and aluminium fabrication enterprises.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.