BRIEF-China Hongqiao Group Posts FY Net Profit Attributable Rmb6.10 bln

March 20 (Reuters) - China Hongqiao Group Ltd:

* PROPOSED FINAL DIVIDEND OF HK34.0 CENTS PER SHARE

* FY REVENUE DOWN ABOUT 6.7% TO ABOUT RMB84.18 BILLION

* FY NET PROFIT ATTRIBUTABLE INCREASED BY ABOUT 12.7% TO RMB6.10 BILLION

* PLANS TO ADD NEW PRODUCTION LINES FOR SECONDARY ALUMINUM

* DUE TO COVID 19 EXPECTED THAT ALUMINUM INDUSTRY WILL FACE GREATER CHALLENGES

* FY TOTAL OUTPUT OF ALUMINUM ALLOY PRODUCTS AMOUNTED TO ABOUT 5.6 MILLION TONS, DOWN 11.3%.

* GROUP OPTIMISTIC ABOUT FUTURE DEVELOPMENT OF CHINA’S ALUMINUM INDUSTRY

* GROUP PLANS TO ADD NEW PRODUCTION LINES FOR SECONDARY ALUMINUM IN 2020

* GREEN ALUMINIUM INNOVATION INDUSTRIAL PARK COMMENCED CONSTRUCTION IN YUNNAN PROVINCE IN DEC 2019

* MODERATELY FACILITATED PHASE 2 PROJECT OF 1 MILLION TONS OF ALUMINA IN INDONESIA, WHICH WAS EXPECTED TO START PRODUCTION BY END OF 2020 Source text for Eikon: Further company coverage: