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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Hindalco Industries Limited, one of India's biggest aluminium manufacturing companies belonging to the Aditya Birla Group, announced its fourth quarter and full-year results for the financial year 2022-23 ended March 31. The report indicated a 37.4 per cent year-on-year plunge in net profit to INR...
Hind Aluminium Industries Limited has reportedly announced its fourth quarter FY2022-23 results ended March 31, whereby it stated a sequential growth in net sales from INR 0.25 crore to INR 0.33 crore. But on a year-on-year calculation, the sales fell sharply by 73.17 per cent from INR 1.23 crore....
Manaksia Aluminium Company Limited, aluminium profiled rolling sheet producer, has announced its standalone financial results for the fourth quarter and full year of 2023, reporting a 4.73 per cent quarter-on-quarter growth in total income to INR 110.7086 crore. In the third quarter, the company...
Novelis, the world’s leading flat-rolled aluminium producer and aluminium recycler, announced its fourth quarter and full year results of FY2022-23 ended March 31. The company noted that its net income attributable to common shareholders in Q4 FY2023 was $156 million, down by 27 per cent from $215...
Century Aluminium, a US-based primary aluminium producer with smelters in Kentucky, South Carolina, and Iceland, announced its first quarter 2023 financial and operational results on Monday, May 8, 2023. The company released that its net sales increased by 4.25 per cent quarter-on-quarter from...
Ball Corporation announced its first quarter 2023 results on a US GAAP basis, revealing sales of $3.49 billion compared to $3.72 billion during the same period last year. That reflected a year-on-year drop of 6.18 per cent owing to lower demand and shipments. As a result, the company's net earnings...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, has reportedly booked a profit of US$126.2 million (BD47.5 million) for the first quarter of 2023 ended March 31. The profit dwindled by 68 per cent year-on-year from US$390.4 million (BD146.8 million). The company’s...
On Wednesday, May 3, Egypt Aluminum Company (Egyptalum) announced that it booked a net profit (after tax) of EGP 3.916 billion during July 2022-March 2023 period. Interestingly, the company's net profit surpassed its annual target of 3.02 billion in just nine months, marking a surge of 131.94 per...
Alcoa Corporation, the world’s eighth largest producer of aluminium, announced the first quarter 2023 results, reporting steady revenue earning at $2,670 million compared to $2,663 million in the previous quarter, attributed to the 8 per cent increase in average-realized third-party alumina price...
ARK Investment Management LLC has decreased its stake by 11 per cent during the fourth quarter (Q4) in Kaiser Aluminum, based on the analysis of the most recent SEC filing. After selling 3,257 shares during the period, the company now owned 26,251 shares of the industrial products company's stock....
One of the most reputable institutional investors in the US, Yousif Capital Management LLC, has made a significant move towards reorganising its portfolio. According to the organisation's most recent filing with the Securities and Exchange Commission (SEC), during the fourth quarter (Q4), it...
On March 23, 2023, the leading manufacturing company in Nigeria producing and marketing extruded aluminium products, Aluminium Extrusion Plc, revealed its Audited Financial Statement for the year ended December 31, 2022. Aluminium Extrusion Industries Plc (NIGALEX) reported a 12-month turnover of...
Xingfa Aluminium Holdings, a famous large-scale architectural aluminium profiles and industrial aluminium profiles manufacturer in China, announced its full-year 2022 results ended December 31, reporting a 9.7 per cent year-on-year rise in revenue to RMB 16.9 billion. But it missed analyst...
Emirates Global Aluminium (EGA) has published its financial and operational results for 2022, reporting a record revenue of AED 34.6 billion ($9.4 billion), up by 36 per cent from AED 25.5 billion ($6.9 billion) in 2021. Net profit also grew significantly to stand the highest ever at AED 7.4...
On February 23, Century Aluminum declared its financial results ended December 31, 2022, revealing an increase in annual net sales by 87.45 per cent from US$2,212.50 million in FY21 to US$2,777.30 million in FY2022. But that during Q4 2022 stood down by 16.84 per cent at US$529.9 million versus...
On Wednesday, February 22, Constellium SE, a global leader in developing, manufacturing, and recycling aluminium products, announced the fourth quarter and full-year results ended December 31, 2022. The company reported its revenue grew by 8 per cent year-on-year to €1.8 billion in Q4 2022,...
AMAG Austria Metal AG, the biggest company in the Austrian Aluminium Industry sector, has achieved a record annual result for 2022, exceeding the previous year’s mark. The company’s 2022 revenue superseded the former year’s EUR 1,259.4 million by registering a growth of 37.1 per cent. In 2022, AMAG...
Apart from the Q3FY23 results from companies like Bharat Forge Golkonda Aluminium, the industry also recorded two special award-winning moments. On February 3, 2023, Hyundai Motor Group presented Novelis with the "2022 Supplier of the Year" award at the company's annual "Partnership Day" event in...
