CHINAHONGQIAO announced its interim results, with a net profit attributable to shareholders of approximately 12.361 billion yuan, an increase of about 35.0% year-on-year
CHINAHONGQIAO announced its mid-term results for 2025, with revenue of approximately 81.039 billion yuan, a year-on-year increase of 10.1%; gross profit of approximately 20.805 billion yuan, a year-on-year increase of 16.9%; and net profit attributable to shareholders of approximately 12.361 billion yuan, a year-on-year increase of 35.0%. The growth in performance was mainly driven by the increase in sales prices and volumes of aluminum alloy and alumina products. The sales volume of aluminum alloy products was approximately 2.906 million tons, and the sales volume of alumina products was approximately 6.368 million tons, both of which saw growth
According to the Zhitong Finance APP, CHINAHONGQIAO (01378) announced its mid-term results for 2025, with revenue increasing by approximately 10.1% compared to the same period last year, reaching about RMB 81.039 billion. Gross profit was approximately RMB 20.805 billion, an increase of about 16.9% year-on-year. The net profit attributable to shareholders was approximately RMB 12.361 billion, an increase of about 35.0% year-on-year. The basic earnings per share were RMB 1.314.
The announcement stated that the growth in performance was mainly due to the increase in sales prices of aluminum alloy products and alumina products during the period compared to the same period last year, as well as an increase in sales volume.
During the period, the group's sales volume of aluminum alloy products reached approximately 2.906 million tons, an increase of about 2.4% compared to approximately 2.837 million tons in the same period last year. The average sales price of aluminum alloy products increased by about 2.7% year-on-year to approximately RMB 17,853 per ton (excluding VAT); the group's sales volume of alumina products was approximately 6.368 million tons, an increase of about 15.6% compared to the same period last year. The average sales price of alumina products increased by about 10.3% year-on-year to approximately RMB 3,243 per ton (excluding VAT). The group's sales volume of aluminum alloy processing products was approximately 392,000 tons, an increase of about 3.5% compared to the same period last year. The average sales price of aluminum alloy processing products increased by about 2.9% year-on-year to approximately RMB 20,615 per ton (excluding VAT)
