Chalco: FY22 Profit Down 27% But Share Price Is Up (OTCMKTS:ACHHY)

Monty Rakusen

CHALCO logo

CHALCO brand (CHALCO)

Funding thesis

Again in early January this yr we modified our stance on Aluminum Company of China Restricted (OTCPK:ACHHY), or CHALCO as it’s largely referred to as, from Maintain to Promote, as we felt

CHALCO's share price versus Alcoa and Norsk Hydro

CHALCO’s share worth versus Alcoa and Norsk Hydro (SA)

CHALCO is number 1 in volume

CHALCO is no 1 in quantity (CHALCO 2022 Monetary Outcomes)

LME aluminum prices

LME aluminum costs (Norsk Hydro 2022 Annual Report)

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