Industry News

Aluminium Bahrain’s performance in Q2 & H1 2020

Views : 600
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.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics