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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India’s Maan Aluminium net profit declined 61.40% to INR 0.83 crore in the quarter ended March’20, as against INR 2.15 crore during the previous quarter ended March’19. The company is one of the pioneers in the Aluminium extrusion industry in India. The aluminium company’s facility is based in...
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, reported revenue of EUR 463.8 million in the first half of 2020, down 16.4% due to lower shipments and aluminium price. “Global economic growth in the first half of 2020 was considerably affected by...
On Wednesday, July 29, PyroGenesis Canada Inc. reported that its revenue doubled in just three months of the second quarter of 2020 ended June 30, as its contract with waste management company Drosrite International LLC paid off. From C$913,769 in Q2 2019, PyroGenesis’ revenue increased to C$2.1...
Altech Chemicals Limited has released its quarterly reports ended June 2020 mentioning the recommencement of its high purity alumina site in Johor Bahru, Malaysia on June 3, 2020, following the lifting of the Malaysian government COVID-19 pandemic Movement Control Order (MCO). The quarterly reports...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced second quarter 2020 results. Net sales for the second quarter 2020 were $276 million, from $375 million in the prior year period, reflecting a 24% decrease in shipments and a 4% decrease in...
Aluminium Bahrain B.S.C. (Alba) has released financial results for the second quarter of 2020 and the first half of the year. The leading aluminium producer’s (ex-China) performance was impact by lower LME price, which was partially offset by higher sales’ volume. The company reported a gross...
Qatar Aluminium Manufacturing Company, a 50% joint venture partner in one of the most cost efficient aluminium smelters globally, based in Qatar, announced a net profit of QR 14.6 million for the six months period ended 30 June 2020. The company’s revenue amounted to QR 1,121 million, down by 9%...
Impol 2000 of Slovenia, the management company controlling local aluminium products manufacturer Impol Group has announced it will distribute a dividend of € 3.00 per share for 2019, down from the previous year's pay-out of € 3.75. On 17 th July’20, the decision was approved by the company...
Constellium reported results for the second quarter ended June 30, 2020. For the second quarter of 2020, shipments stood at 310 thousand tons, a decrease of 25% compared to the second quarter of 2019 due to lower shipments in all three segments. Revenue stood at €1.0 billion, down 33% year on year...
Hydro has released its second-quarter results of 2020, wherein it has reported a year-on-year increase of 5 per cent in primary aluminium production. From 486,000 tonnes in Q2 2019, Hydro’s primary aluminium output in Q2 2020 surged to 509,000 tonnes. However, on a quarter-on-quarter comparison,...
The flagship company of Manaksia Group, Manaksia Aluminium Company Limited informed the bourses on 16 th July’20 that profitability for the first quarter of FY21 will have a minor impact and the company will focus to return to a profitable level from Q2 onwards. The company is reconditioning its...
Alcoa Corporation announced second quarter 2020. The company reported improved productivity and continued operational stability during the COVID-19 pandemic. Alcoa said all of its global operations have maintained production without interruption. Alcoa’s overall third-party aluminium shipment...
Alcoa Corporation, on Wednesday, July 8, released preliminary second-quarter results of 2020, which indicated that even amidst the COVID-19 pandemic, the company’s cash balance showed positive sentiment along with increased productivity and steadily growing operations. The cash balance is estimated...
Constellium announced the release of its 2019 Business and Sustainability Report . The company outlines its progress against its sustainability goals. Constellium also aims to reduce GHG emissions by 25% compared with a 2015 baseline. “I am delighted by our significant progress. Achieving our...
Manaksia Aluminium Company, is a manufacturer of aluminium rolled products in coil and sheet form, has released the financial results for the year ended 3lst March, 2020. Net profit stood at INR 2.62 crore in the quarter ended March 2020 as against INR 1.96 crore during the previous quarter ended...
Alcomet, a Bulgaria-based company that is principally engaged in the production of aluminium rolled and extruded products, published a net loss in the first quarter of 2020. The company reported a net loss of 772,000 levs ($446,000/395,000 euro) in Q1, from a net profit of 3.6 million levs last...
Hindalco Industries, a subsidiary of the Aditya Birla Group, closed the financial year 2019-20 (FY20) with 31% downturn in its consolidated net profit at INR 3,767 crore as compared to INR 5,495 crore in the preceding fiscal. The consolidated revenue from operation drops by 9% to INR 1.18 lakh...
Press Metal Aluminium Holdings Berhad, the largest Aluminium smelter in South East Asia announced its financial results for the three months ended 31 March 2020. Revenue decreased by 15.7% year-on-year to RM1.83 billion in 1Q20. The group’s profit after tax and minority interest dropped by 10.9% to...
