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Chinalco international medium-term net profit fell 49% to 1. 700 million yuan
chinalco international released 2017 interim results, achieve revenue of about RMB 138. 800 million yuan, Units of the same below) , lean tube year-on-year growth of 58%; Net profit attributable to company's rights owners about 1. 700 million yuan, down 49% year on year. Basic earnings per share. 6 yuan, not dividends. In addition, the new contract in the first half of 2017 total 129. 600 million yuan. As of June 30, 2017, the group unfinished contract total 488. 100 million yuan. Announcement, revenue growth is mainly with the mainland economy investment enthusiasm to heat up, lean tube a lot in order to enter the construction peak, project revenue growth significantly, and trade sectors orderly development, overall revenue growth year on year. As of June 30, 2017, the group's current liabilities for 275. 4. 3 billion yuan, of which, trade and other payables for 158. Lean tube, short-term loans for 103 of $1. 6 billion. 3. 8 billion yuan. Net current assets for 71. 0. 7 billion yuan as of December 31, 2016 net current assets to reduce 15. 9. 6 billion yuan, reduces the 18. 3%, mainly in the first half of the group to pay $300 million senior sustainable bonds, and short-term loans increased. On December 31, 2016 and June 30, 2017, the group's capital debt ratio is about 66, respectively. 7% and 71. 9%. As of June 30, 2017, the capital of debt ratio is as of December 31, 2016 increased lean pipe, mainly due to the group to repay $300 million in current senior perpetual bond to make cash balance scale to drop, and borrowing has margin growth, so 52 year increase of net debt. 5. 7 billion yuan, the group capital debt ratio rose faster, but remained within the target of group control.