Aluminum Corporation Of China Limited’s Net Profit Dropped 35.8% in First Half of 2023

Aluminum Corporation Of China Limited (中国铝业股份有限公司) (601600.SH) reported a net profit of 5.6 billion yuan in the first half of 2023, down 35.8% year-on-year.

Meanwhile, the company posted 134.1 billion yuan in revenue, down 15.7% year-on-year.

At the end of the reporting period, it had 207.7 billion yuan in total assets and 115.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.6%.