15 JANUARY 20144-Traders
Aluminium Bahrain breaks all time record on sales
Edited by : AL CIRCLE
1 min read
Aluminium Bahrain B.S.C (Alba) was able to deliver an unparalleled performance in 2013 - sales figures for the year rose by 3.3% year-on-year (YoY) to 919,722 metric tonnes (mt) ahead of the company's own forecast for the period while production figures were up by 2.5% YoY to reach 912,700 mt versus 890,217 mt for 2012.
For the fourth quarter of 2013, sales figures stretched to 237,534 (mt) - a 5.2% YoY increase versus 225,740 mt in Q4 2012; production figures increased by 2,912 mt to reach 229,916 mt as compared to the same period of 2012.
In addition, Alba closed 2013 Value-Added (VA) sales with an average of 66% versus 65% in 2012 while (VA) sales for Q4 2013 represented 66% of the total shipments as compared to 64% for the same period in 2012.
Commenting on Alba's sales and production for 2013, Alba's Chief Executive, Tim Murray said:
"Alba continues to raise the bar and was able to deliver stretch targets amid tough market conditions. As we move towards 2014, we remain committed to always find ways to further improve our underlining performance and plant reliability."
For the fourth quarter of 2013, sales figures stretched to 237,534 (mt) - a 5.2% YoY increase versus 225,740 mt in Q4 2012; production figures increased by 2,912 mt to reach 229,916 mt as compared to the same period of 2012.
In addition, Alba closed 2013 Value-Added (VA) sales with an average of 66% versus 65% in 2012 while (VA) sales for Q4 2013 represented 66% of the total shipments as compared to 64% for the same period in 2012.
Commenting on Alba's sales and production for 2013, Alba's Chief Executive, Tim Murray said:
"Alba continues to raise the bar and was able to deliver stretch targets amid tough market conditions. As we move towards 2014, we remain committed to always find ways to further improve our underlining performance and plant reliability."
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