Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
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Chinalco first-half profit more than doubles
Aluminum Corp. of China, or Chinalco, said Tuesday that its pretax profit in the first half surged 127.8% from a year earlier due to strong demand for aluminum, rare earths and copper.
NALCO Q1 net up 32 pct @Rs 377 cr
Navaratna PSU National Aluminium Company Limited (NALCO) has registered an impressive 32 per cent in its net profit to Rs 377 crore in the first quarter ended June 30, 2011. The company had posted a net profit of Rs 284 crore in the corresponding period last year.
Alro reports RON 177 million net profit for the first half of 2011
Alro SA, one of the largest aluminium producers in Central and Eastern Europe, reported a net profit of RON 177.4 million (approximately USD 59.5 million) for the first half of 2011. The turnover for the first half of 2011 reached RON 1.14 billion ( approximately USD 381 million), increasing from...
Romania's Alumil Rom Industry net profit increased
Alumil Rom Industry made public its 2Q 2011 results under RAS and some key 1H 2011 indicators under IFRS. 2Q sales contracted 11% yoy and were significantly bellow our estimates. We had forecasted a rebound in yoy terms on slightly better market conditions (retailers' expansion) and mostly on a...
Hindalco updates aluminum production on Q1 2011
Flat Rolled Product production was lower due to the sluggishness in the market. Production of Extruded products was affected as operations at Alupuram, Kerala continued to be hampered following the lock out declared on February 22nd 2011.
Asian Stocks Rise as U.S. Retail Sales, Japan GDP Boost Outlook
Asian stocks rose following the longest series of weekly losses since June after U.S. retail sales increased by the most in four months and Japan’s second- quarter gross domestic product beat economist estimates. Alumina Ltd. (AWC) climbed 8.2 percent to A$1.97 after Macquarie Group Ltd. upgraded...
Hindalco First-Quarter Profit Rises 21% on Aluminum Prices
Hindalco Industries Ltd. (HNDL), India’s largest aluminum maker, said fiscal first-quarter profit gained 21 percent, beating estimates, on higher prices. Net income climbed to 6.44 billion rupees ($142 million) in the three months ended June 30 from 5.34 billion rupees a year earlier, the company...
Yunnan Aluminium Co. Ltd. Sale Revenue Reaches 3.991 billion Yuan in the First Half Year
According to Yunnan Aluminum report, it has reached 3.991 billion Yuan sale revenue in H1 increasing by 24.41% in the corresponding period last year. Net profit that belongs to the parent company reaches 31,350,000 Yuan rising by 177.49% year-on-year. Yunnan Aluminum production in the first half...
Global Alumina Releases Second Quarter 2011 Results
Global Alumina Corporation (TSX: GLA.U) (the "Company" or "Global Alumina"), a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced today its financial and...
Australian Business News - Aug 12
News Corp yesterday announced plans for a massive share buyback over the next 12 months as it continues to struggle with undervalued stock. Alumina has recorded a 254 per cent increase in underlying earnings to US$78 million, with margins growing by US$21 a tonne. However, the results were still...
Costs blowout takes shine off Alumina result
ALUMINA shares slumped yesterday after the company missed analysts' first-half profit forecasts because a rising Australian dollar pushed up costs higher than expected.
Alumina win on pricing
Alumina said yesterday that sales volumes under the new system were running at 20 per cent of total third-party sales, with the intention of getting to 100 per cent within five years. The initial success in the changeover was confirmed by Alumina on the release of its June-half profit report....
Century Aluminum Company Announces $60 Million Stock Repurchase Program
Century Aluminum Company today announced that its Board of Directors has approved a $60 million stock repurchase program. "We believe that the repurchase program is in the best interests of our shareholders," said Logan Kruger, Century's President and CEO.
Pigment edge helps propel second-quarter earnings for Tor Minerals
Good pricing trends and sales volumes offset rising costs for raw materials and energy, helping Tor Minerals International post strong revenue and net income gains during the second quarter, according to the company's quarterly financial statement. Karasch said the company expects to complete its...
Novelis announces Q1 2012 results
Novelis Inc announced net income attributable to its common shareholder of USD 62 million for the Q1 of fiscal 2012 compared to net income of USD 50 million for the same period in fiscal 2011. Adjusted EBITDA reached an all time record in the quarter.
Alumina first-half net profit climbs 55%
Net profits at Alumina Ltd grew 55% on the year to US$68 million in the first half of 2011, the company said, as rising prices for aluminum and a changing pricing mechanism for its precursor alumina drove up revenues.
Novelis’ Earnings, Goals Point to Good Times for Rolled Aluminum
Novelis, the global leader in producing rolled aluminum products, posted record profits last quarter – totaling $62 million, compared with $50 million in the same period in 2010. Novelis has a pretty bullish outlook on the aluminum market, betting that demand will be hearty enough to sustain its...
INTERIM REPORT OF NORDIC ALUMINIUM PLC Jan 1 - June 30, 2011
Net sales of Nordic Aluminium were EUR 38.67 million (EUR 36.72 million year 2010). The operating profit for the period was EUR 9.46 million (8.47), the net profit was EUR 6.92 million (6.40) and earnings per share were EUR 1.43 (1.32).
