Xin Lang Cai Jing·2025-10-31 06:27Core Insights - The company reported a 21% year-on-year increase in net profit attributable to shareholders for the first three quarters of 2025, with revenue reaching 176.516 billion yuan, a 1.57% increase year-on-year [1] - The significant growth in net profit is attributed to the increase in both volume and price in the primary aluminum segment, with the average domestic spot price of electrolytic aluminum at 20,500 yuan per ton, up 3.78% year-on-year [1] Financial Performance - For the first three quarters of 2025, the company achieved a gross profit margin of 17.31%, an increase of 2.08 percentage points year-on-year, and a net profit margin of 9.80%, up 1.15 percentage points year-on-year [2] - In the third quarter alone, the gross profit margin was 18.37%, reflecting a year-on-year increase of 6.70 percentage points, while the net profit margin was 10.31%, up 4.39 percentage points year-on-year [2] - The company effectively managed its expenses, with a total expense ratio of 4.58%, down 0.21 percentage points year-on-year [2] Production Metrics - The company’s primary aluminum production increased by nearly 7% year-on-year in the first three quarters of 2025, with metallurgical-grade alumina production at 13.04 million tons, a 3.74% increase year-on-year [3] - In the third quarter, the company produced 2.03 million tons of primary aluminum, a 2.0% increase year-on-year, while coal production was 3.24 million tons, down 3.6% year-on-year [3] - The steady growth in core product output has provided a solid foundation for the company's performance, despite adjustments in sales volume during periods of declining alumina prices [3]