Chinalco's H1 shines bright on sales surge
By Meng Fanbin | China Daily | Updated: 2017-08-19 08:43
First-half revenue of 91 billion yuan generates 751 million yuan in profit
Aluminum Corp of China, the country's largest nonferrous metals company, announced its best half-year performance in nine years, riding a surge in commodity prices.
Also known as Chinalco, the company said in its interim report for 2017, which was released late on Thursday, that first-half revenue reached 91.31 billion yuan ($13.68 billion), up 83 percent year-on-year, which yielded a profit of 751 million yuan, up 1,006 percent year-on-year.
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