Aluminum Corporation of China Limited - Financial and Operations Review - Companies and Markets New Analysis

This Aluminum Corporation of China Limited Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. Aluminum Corporation of China (Chalco) is engaged in the production, sale, and research of alumina and primary aluminum products. Its major products include alumina, aluminum ingots for remelting, alumina chemicals, high purity aluminum and aluminum alloy, carbon blocks, gallium metal, and gallium oxide. The company primarily operates in China. Chinalco, a state-owned enterprise, as of December 31, 2007 owned 38.56% of Chalco’s issued share capital and is the largest shareholder. Chalco is headquartered in Haidian District, Beijing and employs about 94,300 people. The company recorded revenues of CNY76,180.4 million (approximately $10,030.7 million) during the financial year ended December 2007 (FY2007), an increase of 17.5% over the financial year ended December 2006 (FY2006). The operating profit of the company was CNY14,909.2 million (approximately $1,963.1 million) during FY2007, a decrease of 15.6% compared with FY2006. The net profit was CNY10,244.5 million (approximately $1,348.9 million) in FY2007, a decrease of 13.5% compared with FY2006. p.no F4 of 20 F source：www.live-pr.com