China Aluminum International Engineering (HKG:2068) expects a net profit attributable to owners of the parent company after deducing onetime items of about 45 million yuan to 55 million yuan for the first half of 2024, compared with a loss of 1.02 billion yuan in the previous year period, according to a Tuesday filing on the Hong Kong bourse.
The company attributed the profitability to better core competitiveness and improved the structure of the engineering business.
The construction company's stocks were up by over 7%.
Price (HKD): $1.72, Change: $+0.04, Percent Change: +2.38%
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