Aluminum Corporation of China Limited (Chalco)
MarketLine (a Datamonitor Company)
13 Jan 2015
Available for Immediate Download
Aluminum Corporation of China Limited (Chalco or the company) is engaged in the production, sale, and research of alumina, primary aluminum, and aluminum-fabricated products. The company primarily operates in China. Aluminum Corporation of China (Chinalco), a state-owned enterprise, owns 41.82% stake in Chalco. The company is headquartered in Haidian District, Beijing and employed 97,990 people as on December 31, 2012. The company recorded revenues of CNY149,478.8 million ($23,714.8 million) during the financial year ended December 2012 (FY2012), an increase of 2.5% over FY2011. The operating loss was CNY4,784.6 million ($759.1 million) during FY2012, compared to an operating profit of CNY3,586.6 million ($569 million) in FY2011. The net loss was CNY8,233.7 million ($1,306.3 million) in FY2012, compared to a net profit of CNY238 million ($37.8 million) in FY2011.