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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Ma’aden Q2 profit surges to SR62.5m
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post,...
Ma’aden Q2 profit surges to SR62.5m
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post,...
Kaiser Aluminum Announces Quarterly Dividend Payment
Kaiser Aluminum Corporation announced that its Board of Directors has declared a quarterly cash dividend payment of USD 0.24 per share on the Company's outstanding common stock. The dividend will be payable on August 15th 2011 to shareholders of record at the close of business on July 25th 2011.
Sales at Aluminium Bahrain edge up 0.8% in Q2
Sales at Aluminium Bahrain (Alba), which owns the world’s fourth-largest aluminum smelter, edged up 0.8 percent in the second quarter, the company said. Alba said sales were 228,357 tons in the second quarter, up from 226,539 tons in the prior-year period. It said production was unaffected by the...
UPDATE 1-Alumasc sees profit below its expectations
Building and engineering products firm Alumasc Group Plc said it expects full-year profit to be below its expectations, as margins in its building products division were significantly lower than expected, hurt by rising input costs. Steel costs rose 20 percent towards the end of the financial year...
Kaiser Aluminum Announces Quarterly Dividend Payment
Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Company's outstanding common stock. The dividend will be payable on August 15, 2011 to shareholders of record at the close of business on...
Alcoa Profit Doubles as Aluminum Price Gain Outweighs Costs
Alcoa Inc., the largest U.S. aluminum producer, said second-quarter profit more than doubled after higher prices for the lightweight metal outweighed increasing raw-material costs. Net income rose to 28 cents a share from 13 cents a year earlier, New York-based Alcoa said yesterday in a statement....
Earnings shine tarnishes
ALUMINA Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from improved alumina and aluminium prices. The Melbourne-based group was commenting on its earnings outlook following the Monday release of second...
Earnings shine tarnishes
ALUMINA Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from improved alumina and aluminium prices. The Melbourne-based group was commenting on its earnings outlook following the Monday release of second...
Morgan Stanley Maintains Overweight on Alcoa
Morgan Stanley is out with its report today on Alcoa (NYSE: AA), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Alcoa's 2Q revenues beat our estimate; earnings were in-line on cost pressure. Downstream contributed ~45% of earnings and alumina pricing remained above historical...
Morgan Stanley Maintains Overweight on Alcoa
Morgan Stanley is out with its report today on Alcoa (NYSE: AA), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Alcoa's 2Q revenues beat our estimate; earnings were in-line on cost pressure. Downstream contributed ~45% of earnings and alumina pricing remained above historical...
Alcoa Second Quarter Income from Continuing Operations Jumps 138 Percent, Revenue Rises 27 Percent over Year-Ago Quarter
Income from continuing operations of $326 million, or $0.28 per share, up 138 percent compared to second quarter 2010; excluding negative impact of special items, income from continuing operations of $364 million, or $0.32 per share. --Revenue of $6.6 billion, up 27 percent over second quarter 2010...
Alumina's JV partner sees rise in income
Alumina's joint venture partner Alcoa increased its second quarter earnings as an improving manufacturing sector drove higher sales and prices. US-based Alcoa reported net income of $US322 million ($A303 million) in the three months to June 30, up from $US136 million in the previous corresponding...
Alcoa Aims for $6 Billion Quarter
Alcoa is set to kick off earnings season once again on Monday, and there's a good chance the aluminum giant will deliver a fifth straight above-consensus quarter. The Pittsburgh company is the third-largest producer of aluminum in the world, making it not only a barometer for health of the industry...
Alcoa Aims for $6 Billion Quarter
Alcoa is set to kick off earnings season once again on Monday, and there's a good chance the aluminum giant will deliver a fifth straight above-consensus quarter. The Pittsburgh company is the third-largest producer of aluminum in the world, making it not only a barometer for health of the industry...
Alcoa Aims for $6 Billion Quarter
Alcoa is set to kick off earnings season once again on Monday, and there's a good chance the aluminum giant will deliver a fifth straight above-consensus quarter. The Pittsburgh company is the third-largest producer of aluminum in the world, making it not only a barometer for health of the industry...
Alcoa profit rises on higher metal prices
US aluminium-maker Alcoa has posted a big increase in second-quarter profit, helped by rising metal prices. Net profit for the three months to the end of June came in at $322m (£202m), compared with $136m in the same period last year. Sales rose 27% to $6.6bn. Aluminium sold in a range of $2,500 to...
Oman National Aluminium posts 34pct drop in profit
Oman's National Aluminum Products net income for the Q2 fell 34%, compared with the corresponding period last year. The company made OMR 747,000 in net profit during the quarter compared with OMR 1.14 million a year ago. Total income rose 4.6% from OMR 10.7 million to OMR 11.2 million.
