Golden Finance News | Aluminum Corporation of China (02600) announced its mid-year performance for 2024. During the period, the net income attributable to the owners of the company was 7.016 billion yuan (RMB, the same below), a year-on-year increase of 105.36%; basic earnings per share were 0.409 yuan, a year-on-year increase of 106.57%; proposed to distribute a mid-term dividend of 0.082 yuan per share.
During the period, the group's revenue was 110.718 billion yuan, a decrease of 17.41% year-on-year. The decrease in revenue was mainly due to a decrease in trade volume leading to a decrease in revenue and an increase in sales prices of alumina and primary aluminum leading to an increase in revenue.
During the period, the group's revenue from the alumina sector was 31.454 billion yuan, an increase of 9.927 billion yuan from the same period last year 21.527 billion yuan, mainly due to the increase in alumina sales prices year-on-year; the group's revenue from the primary aluminum sector was 68.206 billion yuan, an increase of 11.613 billion yuan from the same period last year 56.593 billion yuan, mainly due to the increase in sales prices of electrolytic aluminum products year-on-year; the group's revenue from the marketing sector was 93.432 billion yuan, a decrease of 30.873 billion yuan from the same period last year 124.305 billion yuan, mainly due to a decrease in sales of externally purchased products; the group's revenue from the energy sector was 4.463 billion yuan, a decrease of 0.361 billion yuan from the same period last year 4.824 billion yuan, mainly due to the year-on-year decrease in self-produced coal market prices; the group's revenue from the headquarters and other operating sectors was 1.231 billion yuan, an increase of 0.165 billion yuan from the same period last year 1.066 billion yuan, mainly due to an increase in repair service revenue year-on-year.
