CHALCO(SH:601600)2017-01-19 16:00Financial Performance - The total profit for 2016 is expected to be approximately RMB 160,000 million, representing an increase of about 7.3 times compared to the previous year[4]. - The net profit attributable to shareholders is projected to be around RMB 38,000 million, which is an increase of approximately 85% year-on-year[4]. - The net profit for the previous year was RMB 20,632 million[6]. - The earnings per share for the previous year was RMB 0.01[7]. Profit Drivers - The main reason for the profit increase is the significant reduction in the cost of main products, leading to an improvement in gross profit margin[8]. - The company has effectively managed financial expenses by optimizing debt structure and improving fund operation efficiency[8]. Forecast and Risks - The performance forecast is based on preliminary calculations and has not been audited by registered accountants[5]. - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the audited annual report[9]. - The performance forecast period is from January 1, 2016, to December 31, 2016[3]. Announcement Details - The announcement was made by the board of directors on January 19, 2017[11].