en.Wedoany.com Reported - On April 23, Aluminum Corporation of China Limited (Chalco) released its first-quarter performance report for 2026. In the first quarter, the company achieved a total profit of 11.917 billion yuan, a year-on-year increase of 82.50%; net profit reached 10.059 billion yuan, up 83.93% year-on-year; and net profit attributable to shareholders was 5.527 billion yuan, up 56.35% year-on-year. Chalco stated that the company fully leveraged its advantages across the entire industrial chain in the first quarter, adopting an extreme management philosophy to tap into cost reduction and efficiency gains, while continuously optimizing various production and operational indicators. The debt-to-asset ratio fell to 43.27%, a decrease of 2.74 percentage points from the beginning of the period, further improving its financial structure.
Since 2026, Chalco has strengthened the highly efficient synergy of production, supply, transportation, sales, research, and finance, continuing to deepen extreme management. Overall, the company has shown a development trend driven by strategic leadership, specialized support, technological empowerment, and reform-led quality improvement. In the first quarter, the company's main product capacity remained stable and fully operational, with the self-mining ratio at the resource end further increasing. The internal matching rates for ore, alumina, and electrolytic aluminum have become more optimized, and supply chain resilience has continued to improve. The company deepened reforms in centralized aluminum product sales; steadily reduced 'two accounts' (accounts receivable and inventory) occupation; further optimized inventory management; and significantly enhanced market competitiveness. Accelerating the transformation of scientific achievements, seven technological accomplishments were awarded the China Nonferrous Metals Industry Science and Technology Award. By deeply implementing 'two extremes' cost management requirements, the cost-to-revenue ratio steadily decreased, further demonstrating cost control effectiveness.
In terms of green and low-carbon transformation, Chalco accelerated its pace in the first quarter, adding four new national-level green factories, bringing the total to 24, which further solidified the green development foundation of the entire industrial chain. After Chalco announced the advance notice of its first-quarter performance, several research institutions including Citigroup and CICC issued research reports recommending 'Buy' or 'Outperform Industry'.
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