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Aluminum Corporation of China (2600) investor relations material
Aluminum Corporation of China Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 reached RMB 58.49 billion, up 4.85% year-over-year, with net profit attributable to shareholders rising 56.35% to RMB 5.53 billion.
Significant profit growth was driven by strict operational management and comprehensive cost reduction initiatives.
The company restated prior year figures due to business combinations under common control.
Financial highlights
Total profit increased 82.5% year-over-year to RMB 11.92 billion.
Net cash flow from operating activities rose 73.84% to RMB 10.88 billion.
Basic EPS was RMB 0.323, up 56.8% year-over-year.
Weighted average return on net assets improved by 2.16 percentage points to 7.11%.
Total assets grew 2.77% to RMB 233.31 billion, and owner’s equity attributable to shareholders increased 7.63%.
Outlook and guidance
Management attributes improved profitability to ongoing cost control and efficiency measures, indicating continued focus on operational excellence.
- 2025 saw record operating cash flow, higher dividends, and robust aluminum margins despite alumina headwinds.2600
Q4 202527 Mar 2026 - Net profit surged 105% year-over-year to RMB7.016 billion, with improved margins and lower leverage.2600
Q2 20248 Dec 2025 - Q1 2025 saw strong profit and revenue growth, with robust output and cash flow increases.2600
Q1 20258 Dec 2025 - Record H1 2025 revenue and profit, strong cost control, and interim dividend declared.2600
Q2 20258 Dec 2025 - Q3 2025 net profit attributable to shareholders soared 90.31% year-over-year.2600
Q3 202527 Oct 2025 - Net profit jumped 68.46% year-over-year to RMB 9.02 billion despite lower revenue.2600
Q3 202413 Jun 2025 - Net profit surged 85% to RMB12.4B on record revenue and strong cost control.2600
Q4 20246 Jun 2025
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