Aluminium Bahrain’s performance in Q2 & H1 2020
Views : 559
Update time : 2020-07-28 19:01:21
According to the report released by Aluminium Bahrain (Alba), the firm’s net profit was US$57.6 million in the second quarter, increasing by 41% compared to the same period a year ago. In the first half of this year, the net profit had a year-on-year surge of 241% to nearly US$147 million.
In terms of sales volume, Aluminium Bahrain had a total sales of around 391,000 tons in the second quarter, growing by 25% year on year. The output was roughly 378,600 tons, a year-on-year increase of 24%. The sales volume of value-added products accounted for 34% of total shipments.
In 2020, Aluminium Bahrain aimed to produce 1.54 million tons of aluminum.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
