Tianshan Aluminum Group Co., Ltd. Class ASZSE: 002532

Tianshan Aluminum Group: Net profit more than doubled year-over-year, driven by higher prices and cost control

· Issued by Tianshan Aluminum Group Co., Ltd. Class A

H1 2024 net profit surged 103.45% year-over-year to ¥2.07 billion on higher alumina and aluminum prices, despite a 6.83% revenue decline; strong cash flow and improved margins support ongoing expansion and risk management.

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