Aluminum Corp's Q1 profit soars; to absorb Inner Mongolia firm

Aluminum Corp of China has announced a significant upswing in its financial performance for the first quarter of 2025, alongside a strategic move to absorb Inner Mongolia HuaYun New Material Co. Ltd. Net profit attributable to shareholders reached CNY 3.537 billion, marking a 58.78% increase from CNY 2.228 billion in the same period last year. Basic earnings per share also rose to CNY 0.207, up from CNY 0.130. The company attributes this growth to its commitment to "extreme management," effectively navigating market price fluctuations.