Trade CITIC Limited - 0267 CFD

CITIC Pacific Company profile

About CITIC Resources Holdings Limited

CITIC Resources Holdings Limited is an investment holding company mainly engaged in the exploration and sale of natural resources. Along with subsidiaries, the Company operates its business through four segments. The Aluminum Smelting segment is engaged in the operation of the portland aluminium smelter (PAS), which sources alumina and produces aluminum ingots in Australia. The Crude Oil segment is engaged in the operation of oilfields and the sale of oil in Indonesia and China. The Import and Export of Commodities segment is engaged in the export of various commodity products, such as aluminum ingots, coal, iron ore, alumina and copper. It is also involved in the import of other commodity products and manufactured goods, such as steel, and vehicle and industrial batteries and tires in Australia. The Coal segment is engaged in the operation of coal mines and the sale of coal in Australia.

Financial summary

BRIEF: For the six months ended 30 June 2021, CITIC Resources Holdings Limited revenues increased 38% to HK$1.7B. Net income totaled HK$427.4M vs. loss of HK$430.8M. Revenues reflect Crude Oil segment increase of 85% to HK$562.9M, Aluminium Smelting segment increase of 50% to HK$582.7M, Coal segment increase of 2% to HK$259.4M. Net Income reflects Crude Oil segment income increase from HK$17.8M to HK$240.3M.

Equity composition

06/2008, Rights Issue, 3 new shares for every 20 shares held @ HKD 3.2 (Factor: 1.022517).05/2011, Rights Issue, 3 new shares for every 10 shares held @ HKD 1.38 (Factor: 1.036693)