Aluminum Corp of China ADR

Aluminum Corp of China ADR: May see some negative sentiments after posting 3Q net loss of Rmb117.8m vs net profit of Rmb21.3m YoY, due to supply glut and higher costs. Its weak profitability indicates weak aluminum demand, rising production costs, however grp is confident of recording a FY10 profit as more construction projects coming in, but relatively high production costs for grp will continue to cap profitability.