CHALCO (02600.HK) Opens Hiking 5.8%; Interim NP Expected to Soar Max. 1.14x

　　CHALCO (02600.HK) +0.490 (+9.245%) Short selling $14.86M; Ratio 7.510% announced a positive profit alert, expecting 1H24 net profit to reach up to RMB7.3 billion. Its share price opened 5.8% higher at $5.61 this morning (12 July), with a pre-market turnover of $5.36 million.

　　The group's net profit for the six months ended June is expected to be in the range of RMB6.5 billion to RMB7.3 billion, representing a YoY surge of 90% to 114%. According to the company, it grasped market opportunities, enhanced its operating rate, tightened cost control and conducted other measures in 1H24 to achieve high, stable and excellent production of its major products, resulting in a substantial increase in operating results.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-11 16:25.)