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 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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On July 10, 2024, Alcoa Corporation announced its preliminary second quarter 2024 results ahead of its final declaration of report on July 16, 2024. The preliminary data indicates improved financial results, primarily attributed to higher average realised third-party prices of alumina and...
LB Aluminium Bhd reported a significant increase in its net profit for the fourth quarter ended April 30, 2024 (4QFY2024). The company's net profit rose by 62.67 per cent, reaching RM9.43 million, compared to RM5.8 million in the same period last year. Higher contributions from both the aluminium...
MAAN Aluminium Limited, a leading aluminium extrusion brand, released its quarterly financial results ended March 31, 2024, reporting a year-on-year 9.69 per cent decline in net sales from INR 262.87 crore to INR 237.40 per tonne. However, on a quarter-on-quarter calculation, MAAN Aluminium’s net...
The Malaysian aluminium giant, Press Metal Aluminium Bhd, has demonstrated a remarkable financial performance in the first quarter of 2024, propelled by increased sales volumes and a favourable exchange rate. This impressive growth is propelled by a significant rise in both net profit and revenue,...
Rico Auto Industries, a distinguished Gurugram-based supplier of machined components and assemblies, specialising in aluminium and ferrous materials, is making strategic moves to bolster its future growth. Recently, the company secured a leasehold of 12.31 acres at the SIPCOT Industrial Park in...
On Monday, May 27, National Aluminium Company Limited (NALCO), a state-owned Navratna CPSE under the Ministry of Mines, announced strong fiscal results for the fourth quarter and full year of FY2023-24, driven by a robust growth trajectory in production and sales. NALCO reported that its Q4 net...
Hindalco Industries Limited, Aditya Birla Group's flagship metal company, has announced its consolidated financial results for the fourth quarter and full year of FY2024, which ended March 31. The company revealed that it concluded the year with strong results across all business segments, earning...
Ball Corporation has strategically sold its aerospace business to BAE Systems, resulting in a pre-tax gain of $4.7 billion. This move has enabled Ball to pay down $2.8 billion in debt and initiate a $1.3 billion share repurchase program. The sale propelled the company’s shares to a 21-month high...
Aluminium Bahrain B.S.C. (Alba) has posted an uptick in its operational performance but a downfall in financial results for the first quarter (Q1) of 2024 ended March 31. The company’s profits and comprehensive income decreased year-on-year despite increased production and sales. Financial output...
In a stunning turn of events, PA Resources Bhd has astounded the market with its exponential growth, particularly evident in its net profit for the third financial quarter that ended March 31, 2024 (3QFY2024). The company's net profit has soared by an astonishing 51 times year-on-year, primarily...
Moravia Cans, a prominent aluminium aerosol can manufacturer based in Czechia, demonstrated remarkable resilience and growth in 2023 despite the lingering economic challenges stemming from the Covid pandemic and the geopolitical tensions surrounding the Russian invasion of Ukraine. In their latest...
According to a Bloomberg report on Wednesday, May 8, Hindalco Industries Limited is seeking about $1.2 billion in the initial public offering of its US-based unit Novelis. The aim is to list Novelis on the New York Stock Exchange by September 2024. Hindalco, one of India’s largest aluminium...
Novelis Inc., the premier manufacturer of flat-rolled aluminum goods and the globe's largest recycling company, disclosed its financial performance for the fourth quarter and fiscal year 2023-24 on May 6, 2024. The company highlighted that its results were predominantly bolstered by the advantages...
Press Metal Aluminium Holdings Berhad, a Malaysia-based aluminium company engaged in the manufacturing and trading of both midstream and downstream aluminium products, announced its full-year 2023 financial and operational report, demonstrating its resilience, operational efficiency, and steadfast...
Century Aluminum, a global primary aluminium producer with operations in the United States and Iceland, announced its first quarter results of 2024, which ended March 31. The company’s net sales during the period totalled $489.50 million, down by $22.8 million or 4.45 per cent from $512.3 million...
Egypt Aluminum, the largest aluminium producer in Egypt and one of the largest in Africa, has reportedly announced its financial results for the first nine months of FY2023-24 ended March 31. Egypt Aluminum, popularly known as Egyptalum, posted its net profit after tax surged by 33 per cent...
Ball, a leading sustainable aluminium packaging provider, showcases consistent performance in the first quarter of the financial year 2024 (FY24), maintaining its net earnings at $217 million, echoing the results from the corresponding period in the prior year. Despite minor fluctuations, the...
Rusal, the world’s second-largest aluminium company by primary aluminium output, has announced its financial and operational results for the full year 2023 ended December 31. The company posted that its primary aluminium production totalled 3.848 million tonnes in 2023, representing a slight growth...
