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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Press Metal Aluminium reported results for the third quarter of 2020. The Group’s revenue stood at RM1.86 billion in Q3 2020, a decrease of RM0.26 billion or 12.2% from RM2.12 billion in Q3 2019 due to the impact of Covid-19 pandemic. The Group reported a profit before tax of RM172.92 million in Q3...
The Indian state-owned National Aluminium Company Limited (NALCO), posted its Q2 earnings which thumped evaluation on all parameters and the Navratna group ‘A’ CPSE company’s aluminium EBIT has well performed this quarter. Sridhar Patra, Chairman and MD of NALCO, while commenting on the company’s...
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, published its consolidated financial results for the nine months ended 30 September 2020. The Group's sales were RON 1,942 million in nine months, down 10% due to market conditions and to...
Norsk Hydro will distribute a dividend of NOK 2.6 billion for the 2019 financial year. This corresponds to a dividend of NOK 1.25 per share. The decision to pay dividends is based on the improved financial situation and outlook for the company. In April, the company suspended the payment of...
Manaksia Aluminium Company, a producer of aluminium rolled products in coil and sheet form, has released its results for the quarter ended September 2020. Net profit stood at INR 0.78 crore in the September quarter as against INR 1.29 crore during the previous quarter ended September 2019. This...
Arconic Corporation reported revenue of $1.4 billion in third quarter 2020, marking 19% growth quarter-on-quarter due to strength in automotive end-market volumes. But revenue dropped by 22% year over year due to the impact of the pandemic. Net income stood at $5 million in third quarter 2020...
India-based aluminium extrusion producing company MAAN Aluminium has reported the financial results of the September quarter 2020 revealing that its net profit increased by 7.01 per cent year-on-year from INR 3.14 crore to INR 3.36 crore, despite the decline in sales by 43.09 per cent to INR 93.15...
On 10 th November’20, the world's largest aluminium rolling company and among the biggest producers of primary aluminium in Asia, Hindalco, posted a 60% year-on-year slump in consolidated net profit at INR 387 crore for the quarter ended September 30 after considering net loss from running and...
On 6 th November’20, Vedanta reported 61.80% shrink in consolidated net profit at INR 824 crore for the quarter ended 30 th September’20 on the back of one-time tax expense. Vedanta said in a filing to BSE: “The Company posted a net profit of INR 2,158 crore in the year-ago period.” Income during...
On 29 th October’20, MBF Aluminium in France carries out the procedure of filing for bankruptcy of the foundry before the commercial court of Dijon. Saint-Claude based MBF Aluminum foundry is in default of payment, being unable to settle its debts. To act on this new aspect of the procedure, a...
Century Aluminum Company announced its third quarter 2020 results. Shipments of primary aluminium were 203,022 tonnes in Q3, down 3% from 210,309 tonnes Q2 2020. Net sales stood at $392.9 million compared with $401.9 million for the second quarter of 2020, down 2% on lower LME prices and regional...
Bulgaria’s aluminium products manufacturer Alcomet reported net profit of 818,000 levs in the first nine months of 2020, down from 8.3 million levs in the first nine months of 2019. Sales of extruded products increased by 10.2% year-on-year to 19,878 tonnes. Rolled products sale came in at 33,931...
AMAG Austria Metall AG has announced the comprehensive financial and operational reports for the first nine months of the year 2020, revealing that its revenue decreased by 18.1 per cent year-on-year from EUR 821.5 million to EUR 673.2 million. Earnings before interest tax, depreciation and...
Aluminum Corporation of China Limited, known as Chalco, reported 5.3% year-on-year drop in third-quarter production to 900,000 tonnes. The primary aluminium output declined by 2.8% year-on-year to 2.76 million tonnes in the first nine months of 2020, Reuters reported. The company said in a Hong...
Aluminium Bahrain B.S.C. (Alba) has reported its financial results for the third quarter and nine months of 2020, revealing that it experienced a loss of BD 11.6 million (US$31 million) in Q3, up by 209 per cent year-on-year from a profit of BD 10.7 million (US$28.4 million). In total nine months...
Qatar Aluminium Manufacturing Company (Qamco), a 50% joint venture (JV) partner in a smelter that produces premium quality aluminium products, has posted net profit of QR12.3 million for the nine months period ended 30 September 2020. The company’s share of revenue stood at QR 1.6 billion, down by...
Gränges, a global leader in aluminium engineering, manufacturing and innovation, has announced the financial report of Q3 2020 declaring that its sales volume increased by 1.1 per cent to 86.7 Ktonnes (85.8). However, net sales decreased to SEK 2,575 million (2,998). Adjusted operating profit in...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced third quarter and first nine months 2020 results. In the third quarter of 2020 , net sales were $256 million compared to $375 million in the prior year period, reflecting a 29% decrease in...
