NANSHAN ALUMINIUM(600219)2025-01-19 08:25Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 4.516 billion and 4.864 billion CNY, representing a year-on-year growth of 30% to 40%[3]. - The projected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is estimated to be between 4.615 billion and 5.023 billion CNY, indicating a year-on-year increase of 70% to 85%[3]. - The net profit for the previous year was 3.474 billion CNY, with a total profit of 4.368 billion CNY[5]. Factors Contributing to Profit Increase - The increase in profit is primarily due to the full release of production capacity from the 2 million tons alumina project in Indonesia, resulting in higher output compared to the previous year[6]. - The prices of aluminum ingots and alumina powder have significantly increased due to market influences, contributing to the company's improved financial performance[7]. Customer Relations and Business Development - The company has established strong relationships with customers through high-quality service and products, which has positively impacted business development[7]. Earnings Forecast and Caution - The earnings forecast is based on preliminary calculations by the company's finance department and has not yet been audited by external accountants[8]. - Investors are advised to be cautious as the forecast data is subject to change and the final audited financial results will be disclosed in the 2024 annual report[9].