CHALCO forecasts H1 2026 net profit to jump 58%–73% to up to RMB 12.20 billion

Bulletin Express07-13

Aluminum Corporation of China Limited (CHALCO, 02600) expects a sharp year-on-year profit expansion for the six months ended 30 June 2026, according to its profit alert filed with the Hong Kong Stock Exchange on 13 July 2026.

• Net profit attributable to shareholders is projected between RMB 11.20 billion and RMB 12.20 billion, an increase of RMB 4.13 billion–RMB 5.13 billion, or 58%–73%, versus RMB 7.07 billion in the prior-year period (restated).

• Excluding non-recurring items, net profit is estimated at RMB 11.00 billion–RMB 12.00 billion, up 58%–73% from RMB 6.94 billion a year earlier.

• Basic earnings per share are set to rise to RMB 0.653–0.711, compared with RMB 0.413 in the first half of 2025, implying growth of 58%–72%.

Management attributed the earnings surge to: 1) consistent execution of an “excellence-oriented” management system; 2) stable operations and high-quality output across production lines; 3) intensified cost control and supply-chain optimisation; and 4) stronger value-creation and cash-generation capability, which pushed interim performance to a record high for the same period.

The profit figures are based on unaudited preliminary calculations; full interim results will be released in CHALCO’s 2026 interim report. The company stated that no material uncertainties have been identified that could affect the accuracy of the outlook but advised investors to consider inherent market risks.

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