On the 27th, China Aluminum Corporation's performance report released on the Shanghai Stock Exchange and the Hong Kong Stock Exchange revealed that due to the drag from Australia's Ao Lu Kun project and the increase in cost of some products was greater than the price increase, the company was attributable to the shareholders of the parent company in the first half of the results. The net profit was 413 million yuan, a decrease of 118 million yuan, or 22.24%, from the 531 million yuan in the same period of last year.
In fact, in the semi-annual report, the book balance of capital expenditures for development of Australia’s Ao Lu Kun project in Australia was estimated to be approximately 340 million yuan in total. This alone has a significant impact on performance.
According to the semi-annual report, Chinalco's operating income for the first half of the year was RMB 65.970 billion, an increase of RMB 6.192 billion from RMB 59.78 billion of the same period of the previous year, with an increase rate of 10.36%, mainly due to the increase in the external sales price of the leading products and the increase in sales volume. To. However, the growth rate of sales costs was 10.77%, and the growth rate was undoubtedly higher than the increase in operating income. This was mainly due to the increase in the cost of lead products and the increase in sales volume.
Among them, the original profit-making segment of the first profitable segment, the alumina segment, was 364 million yuan, a decrease of 324 million yuan or 47.09% from the 688 million yuan in the same period of the previous year. This is the reason why Chinalco explained that it was mainly due to the provision for the impairment of Australia's Aorukun project in the current period.
The state government of Queensland tendered for the project's resource development rights in September 2005 and eventually won the bid for China Aluminum. However, during the period under the influence of Australia’s increased resource tax, the project has not been developed and will expire on its own, but the project’s aluminum industry expenditure The balance of accounts is about 340 million yuan.
In fact, in the semi-annual report, the book balance of capital expenditures for development of Australia’s Ao Lu Kun project in Australia was estimated to be approximately 340 million yuan in total. This alone has a significant impact on performance.
According to the semi-annual report, Chinalco's operating income for the first half of the year was RMB 65.970 billion, an increase of RMB 6.192 billion from RMB 59.78 billion of the same period of the previous year, with an increase rate of 10.36%, mainly due to the increase in the external sales price of the leading products and the increase in sales volume. To. However, the growth rate of sales costs was 10.77%, and the growth rate was undoubtedly higher than the increase in operating income. This was mainly due to the increase in the cost of lead products and the increase in sales volume.
Among them, the original profit-making segment of the first profitable segment, the alumina segment, was 364 million yuan, a decrease of 324 million yuan or 47.09% from the 688 million yuan in the same period of the previous year. This is the reason why Chinalco explained that it was mainly due to the provision for the impairment of Australia's Aorukun project in the current period.
The state government of Queensland tendered for the project's resource development rights in September 2005 and eventually won the bid for China Aluminum. However, during the period under the influence of Australia’s increased resource tax, the project has not been developed and will expire on its own, but the project’s aluminum industry expenditure The balance of accounts is about 340 million yuan.
we produce inoculant 10000mt/year,Silicon Barium 5000mt/year,we export the material to india,Russia,Europe ect.
specification:A si:68%min Ba:4-6% Al:2%max c:1%max
B si:70%min Ba:1.5-2.5%min Al:2%max c:1%max
Barium Inoculant,Ferro Silicon Inoculant,Ferrosilicon Calcium Barium,Silicon Barium Inoculant,Ba Inoculant
Shizuishan Ketong Metallurgy Industry And Trade Co., Ltd. , http://www.ketongmetallurgy.com