BEIJING, Oct. 26 (Xinhua) -- China's aluminum producer Aluminum Corporation of China Limited (CHALCO, 601600. SH; 02600. HK; ACH. NYSE) saw its fiscal report for the first three quarters better than expected, according to the company's filing to the stock exchange.
The report showed that total profits of the company had amounted to 3.147 billion yuan during the period, up 17.24 percent year on year, among which net profits attributable to the parent company grew 11.02 percent year on year.
CHALCO achieved 125.717 billion yuan of operating revenues in the first nine months, down 10.25 percent year on year.
Besides, CHALCO also witnessed further decrease in its debt-to-asset ratio as compared with that registered at the beginning of this year.
Market players widely hold an optimistic attitude towards the fiscal performance of CHALCO and have strong confidence on the cost and quality advantages of aluminium oxide and electrolytic aluminium. (Edited by Gu Shanshan, Zhang Yuan, zhangyuan11@xinhua.org)
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