Business and Financial Review
Manufacturing
CITIC Limited is a leader in China in the manufacturing of special steel, heavy machinery, and aluminium wheels and castings.
Profit for the year attributable to ordinary shareholders from the manufacturing segment grew 36% to HK$2.9 billion due to the solid performance of CITIC Pacific Special Steel, CITIC Heavy Industries and CITIC Dicastal. The special steel and the aluminium wheel and casting businesses were standout performers, delivering double-digit growth in profit.