Movement Alert｜CHALCO falls 3.02% in Regular Trading, investors await third-quarter results

Market Focus10-29 15:59

On October 29, CHALCO fell 3.02% in Regular Trading, trading at HK$6.895, with turnover of HK$328 million.

The clearest near-term catalyst is the company’s third-quarter results due on October 29, with market positioning turning cautious ahead of the release and contributing to the intraday pullback.

Recent public information shows consensus expects adjusted EPS of 0.32 yuan for the quarter, up 52.38% year over year. Supporting context remains broadly constructive: one broker recently initiated coverage with a Buy rating and forecast net profit attributable to shareholders of 21.435 billion yuan, 22.184 billion yuan, and 22.497 billion yuan for the next three years, while another brokerage reiterated Buy despite lowering its target price. Earlier disclosures also showed first-half revenue of 125.413 billion yuan and adjusted net profit of 11.871 billion yuan, alongside a midyear cash dividend totaling about 4.735 billion yuan.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment