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 Monday, October 3, Vedanta Limited, an Indian multinational mining company, reported that its aluminium production stood at 584,000 tonnes in the second quarter of FY2023 ended September 30. That edged 2 per cent higher than 570,000 tonnes during the corresponding period of the last year. The...
On Tuesday, September 27, LB Aluminium Bhd announced its financial results for the first quarter of FY2023 ended July 31, 2022, revealing a fourfold jump in its net profit (Y-o-Y) to RM12.51 million. Revenue grew 98.22 per cent to RM227 million from RM114.54 million a year ago, attributed to...
The largest aluminium producer in Egypt and one of the largest in Africa, Egyptalum expects strong business results in the coming period, taking advantage of several factors, whether on the global or local scene. Several factors are expected to contribute to Egyptalum's business results, whether...
On 8th September 2022, India's significant rating agency, ICRA, stated that the country's primary aluminium producers operating margins are likely to contract by 400-500 basis points (BPS) consecutively in the second quarter of 2022-23 on the aspect of high production cost. ICRA Limited (formerly...
Hulamin, a South African aluminium supplier and exporter, announced robust earnings, with a hike of 147 per cent for the first half of 2022 ended June 30. Revenue rose by 45 per cent to R7.9 billion, and operating profit surged by 144 per cent to R223 million amid the challenges posed on working...
The Australian bauxite mining company Metro Mining has posted a loss of A$29.4 million for H1 2022 and as a result of poor weather conditions in Far North Queensland, production expectations have been marginally decreased for the entire year. Throughout 2022, Metro has experienced bad weather, with...
Aluminium Corporation of China Limited, popularly known as Chalco, has posted higher profit for the first half of 2022 ended June 30, underpinned by increased revenue from alumina and coal production and imported coking coal business. From RMB 3.09 billion or RMB 0.176 per share of Chalco’s profit...
Wildpack Beverages, a Canadian beverage manufacturing and packaging enterprise has released their unaudited Q2 2022 Financial Reports, ending June 30, indicating revenue growth of 10 per cent to US$8.91 million compared with the Q2 2021 earnings of $8.14 million. Wildpack's Board of Directors has...
Malaysian aluminium giant Press Metal Aluminium Holdings Bhd. has reported that its net profit for the second quarter of the financial year ended June 30, 2022 (Q2 FY2022) escalated by 60.1 per cent to RM409.17 million against RM255.58 million in the same quarter previous, boosted by enhanced...
Emirates Global Aluminium (EGA), the biggest premium aluminium producer in the world, has announced its best-ever half-year results, driven by strong operational performance across the value chain resulting in robust earnings. EGA has reported a net profit of AED 5.9 billion for H1 2022, which...
Daiki Aluminium Industry has recorded a year-on-year increase in profit of 1.4 per cent for the first quarter of the financial year 2023 ended June 30. From 4.01 billion yen in Q1 FY2022, Daiki Aluminium’s profit decreased to 4.07 billion yen ($30.1 million) during the same period this year....
The Finance Secretary of Scotland has been approached by the Scottish Liberal Democrat economy speaker, Willie Rennie, as she and other individuals are concerned as to what will be the financial guarantee that the Scottish Government might provide in the event of a complete shutdown of the Lochaber...
This week, the global primary aluminium segment was about top companies announcing their financial results. To begin with, Aluminium Bahrain B.S.C. (Alba) reported that during Q2 and H1 2022, the aluminium smelter outside China reported a 97 per cent increase in net profit to BD181.9 million...
On 11th August 2022, during a regulatory filing, Bharat Forge, the Indian multinational auto component manufacturer, reported a consolidated net profit of INR 160.37 crore ($20.12 million) for Q1 FY23. However, the company posted a consolidated net profit of (INR 152.75 crore ($19.16 million) in...
On Friday, August 12, Rusal, the Russian aluminium giant announced its H1 2022 operational and fiscal results ended June 30, reporting a 1.2 per cent increase in primary aluminium output to 1.89 million tonnes versus 1.87 million tonnes during the same period last year. But the sales of primary...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, announced its Q2 and H1 2022 fiscal results on Thursday, August 11, reporting a 97 per cent surge in net profit to BD181.9 million versus BD92.7 million during the corresponding period of the previous year. Gross...
On Wednesday, August 10, Hindalco Industries Limited announced its first quarter results ended June 30, posting the highest net profit once again. The company’s consolidated profit after tax (PAT) reached an all-time high at INR 4,119 crore, exceeding record performance in 4QFY2022. On a...
Century Aluminum Company, a US-based primary aluminium producer, announced its second quarter 2022 results on Tuesday, August 9, reporting a 14 per cent quarter-on-quarter increase in net sales from $753.6 million to $856.6 million, attributable to higher realised LME prices and regional premiums....
