China Aluminum's net profit in the first three quarters of 451 million decreased by 44.31%

On October 27 , Aluminum Corporation of China ( 601600 ) released a report for the third quarter of 2020.

On October 27 , Aluminum Corporation of China ( 601600 ) released a report for the third quarter of 2020.

As of this reporting period, China Aluminum net assets attributable to shareholders of listed companies 553.

The announcement showed that R&D expenses increased by 59.

Construction in progress decreased by RMB 2.

Investment in other equity instruments decreased by RMB 649 million, mainly due to the recovery of investment funds from Beijing Chinalco Bank of Communications Four Industrial Investment Fund Management Partnership (Limited Partnership).

According to data, Chalco is a leading enterprise in China's non-ferrous metal industry.
Its comprehensive strength ranks in the forefront of the global aluminum industry.
It is currently the only Chinese aluminum industry that integrates bauxite, coal and other resources mining, and produces alumina, primary aluminum and aluminum alloy products , Sales, technology research and development, international trade, logistics industry, thermal power and new energy power generation large-scale aluminum production and operation enterprise.