Aluminum Corporation of China (CHALCO) (02600) said its profit attributable to the owners for the year ended 31 December 2017 soared 274.16% year-on-year to Rmb1,378 million.
This was mainly attributable to the considerable increase in the gross profit of the main products of the company as a result of the supply-side structural reform.
Basic and diluted earnings per share were Rmb0.09.
Revenue amounted to Rmb180,081 million, an increase of 24.86% from a year earlier, primarily due to the increase in prices and the increase of trading volume of products.
No final dividend will be distributed.