China's Chalco Q3 net profit 2.04 bln yuan |
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Tue, 30 Oct 2007 02:41
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HONG KONG (Thomson Financial) - Aluminum Corp of China (Chalco), the nation's biggest aluminum producer, said third-quarter net profit totaled 2.04 billion yuan.In the first nine months of the year, net profit was 8.44 billion yuan, Chalco said in a statement to the Hong Kong stock exchange late Monday. It did not provide year-ago figures and other details.This month, Chalco said it formed a venture with Malaysia's MMC Corp and Saudi Binladin Group to invest 3 billion US dollars in an aluminum smelter project in the Middle East.(1 US dollar = 7.47 yuan)jun.ebias@thomson.comje/msCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Hong Kong shares outlook - Lower as investors lock in profits after record run 