Chalco third-quarter profit slumps, aluminium output falls 10% [Reuters]
Aluminum Corporation of China Limited American Depositary Shares (ACH)
US:NYSE Investor Relations:
investors.kaiseraluminum.com/investor-relations
Company Research
Source: Reuters
Chalco third-quarter profit slumps, aluminium output falls 10% - Reuters 3 Min Read BEIJING (Reuters) - Aluminum Corp of China Ltd posted a sharp fall in both aluminium output and sales in the third quarter, data released on Wednesday showed, after the company earlier reported a slump in quarterly profit. Chalco, the listed arm of state-owned aluminium firm Chinalco, reported a 10.4% year-on-year fall in aluminium production in July-September to 950,000 tonnes, in a data sheet for analysts reviewed by Reuters. Aluminium sales fell by a steeper 13.8% to 940,000 tonnes, indicating lacklustre demand in China, the world’s top consumer of the metal. The declines comes after Chalco closed a 200,000 tonnes per year plant in eastern China’s Shandong province in January due to high electricity costs, and said later it would transfer 190,000 tonnes of capacity from northern China to an affiliate in Yunnan. Its output still topped Russian rival United Company Rusal, which produced 942,000 tonnes
Show less
Read more
Impact Snapshot
Event Time:
ACH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACH alerts
High impacting Aluminum Corporation of China Limited American Depositary Shares news events
Weekly update
A roundup of the hottest topics