Top Biz News

Chinalco's sales revenue at 142b yuan last year

(Xinhua)
Updated: 2010-01-22 10:05
Large Medium Small

The Aluminum Corp of China (Chinalco), the country's top aluminum producer, said on Thursday its sales revenue reached 142 billion yuan ($21 billion) last year.

The company has yet released its profit figures. Sales revenue was 126 billion yuan in 2008.

Related readings:
Chinalco's sales revenue at 142b yuan last year BHP lobbied to block Chinalco's Rio Tinto bid
Chinalco's sales revenue at 142b yuan last year Chinalco subsidiary reports first-half net loss
Chinalco's sales revenue at 142b yuan last year Tensions ease as Chinalco, Rio make up
Chinalco's sales revenue at 142b yuan last year Rio still in talks with Chinalco

Chinalco said its business operation was at a steady running despite the international financial crisis.

The company also made what it said "substantial" progress in business restructuring, including eliminating outdated and highly energy-consuming production capacities.

Chinalco closed six inefficient electrolytic aluminium production lines in 2009. The corporation also saved a total of 1.63 million tons of standard coal.