Shares of China Aluminum International Engineering Corporation Limited (CHALIECO, 02068.HK) surged 6.46% in Thursday's intraday trading, despite reporting a decline in revenue and profit for the first three quarters of 2025. The stock's impressive performance appears to be driven by the company's robust growth in newly signed contracts and overseas business expansion.
CHALIECO recently announced that its total newly signed contracts for the first three quarters of 2025 reached RMB 21.46 billion, representing a significant 21.68% increase compared to the same period last year. Notably, the company's overseas contracts showed remarkable growth, surging 115.91% year-over-year to RMB 5.02 billion. Additionally, EPC and construction contracts increased by 29.92% to RMB 18.25 billion, indicating strong demand for the company's core services.
While the company reported a 5.72% year-on-year decrease in revenue to RMB 15.22 billion and a 52.68% drop in net profit attributable to shareholders to RMB 119 million for Q1-Q3 2025, investors seem to be focusing on the positive outlook suggested by the growth in new contracts. The substantial increase in overseas contracts, in particular, may signal expanding opportunities and improved market positioning for CHALIECO in the global arena.