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ALUMINIUM FIRM POSTS PROFIT FALL

Aluminum Corp of China - the world's third-largest alumina producer - posted a net profit of 1.4 billion yuan (about HK$1.31 billion) for last year, an 11.7 per cent fall from the pro forma net profit of 1.58 billion yuan in 2001. Turnover rose 5 per cent to 16.79 billion yuan. A final dividend of 4.5 fen was recommended.

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