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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Romanian aluminium company Alro announced that the company currently expects its net profit for 2019 to be lower than 2018. The company expects net profit of about USD 12.4 million (EUR 11.0 million), down 78 per cent from last year. ALRO is one of the largest vertically integrated aluminium...
ALRO S.A., one of the largest vertically integrated aluminium producers in Europe by production capacity, published its consolidated and separate financial full-year 2018 results. The company’s net profit decreased from RON 318 million in 2017 to RON 226 million in 2018. The adjusted net profit...
Norsk Hydro reported that Extruded Solutions business is producing at an overall production rate of 70-80% as of Tuesday, while operations in Building Systems business unit remain almost at a standstill. The division was running at 60% capacity on Monday. “Extruded Solutions is producing at an...
Hulamin reported an operating loss of R949.9million for the year ended December 31, 2018 compared to an operating profit of R498.4m last year. Turnover increased to R11.5 billion, from R10.3 billion last year on increased volume, higher USD rolling margins and a firmer Rand aluminium price....
Emirates Global Aluminium has announced its annual financial report of 2018, where it is found that the UAE’s biggest industrial company outside the oil and gas sector has earned a net income of AED 1.2 billion ($325 million), 64 per cent down from AED 3.3 billion ($900 million) in 2017. This havoc...
Aleris Corporation reported revenues of $3,446 million in 2018 compared to $2,857 million in 2017. The increase was primarily attributable to increased volumes and higher average aluminium prices. Net loss of $92 million in 2018 compared to a net loss of $211 million in 2017. Adjusted EBITDA...
A press release from the AMAG Austria Metall AG says that the Group's total shipments in 2018 rose to a record of 424,600 tonnes in comparison to 421,700 tonnes in 2017 driven by rising demand for aluminium products combined and ramp-up of the new plants in Ranshofen. Helmut Wieser, CEO of AMAG:...
Rio Tinto announces record returns of US$13.5 billion including final dividend of US$3.1 billion and special dividend of US$4.0 billion to its shareholders for 2018. Commenting on the announcement, Rio Tinto chief executive J-S Jacques said “We have once again announced record cash returns to...
Press Metal Aluminium Holdings Berhad reported net profit of RM156.41 million in Q4 2018, up 4% from RM150.19 million in Q4 2017.For the full year of 2018, net profit rose 6.2% to RM629.98 million compared with RM593.38 million in the previous year. Quarterly revenue increased from RM2.13 billion...
National Aluminium Company Limited (NALCO) aims to raise its net profit to more than INR 2,000 crore by 2020 and INR2,500 crore in next three years, said Tapan Kumar Chand, CMD NALCO, while inaugurating the 2 day long 5th National management conference (NamCon-2019) on “Weatherproof organization:...
Kaiser Aluminum Corporation announced results for the fourth quarter and full year ended December 31, 2018. For the fourth quarter of 2018 , Kaiser reported net sales of $389 million, from $353 million last year, reflecting 4% higher shipments and a 6% increase in average selling price. Value added...
Century Aluminum Company announced fourth quarter and full year 2018 results. The company reported net loss of $65.0 million in the fourth quarter of 2018. Adjusted net loss was 40.7 million compared to adjusted net income of $2.3 million for Q3 2018. Adjusted EBITDA for Q4 2018 was $(18.1) million...
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy Conductors and aluminium wire rods for power transmission and distribution applications, announced financial results for the quarter ended on 31st December, 2018. The company reported net sales of INR130.48 crore in Q3...
Arconic Inc. reported fourth quarter 2018 and full year 2018 results. The company delivered revenues of $3.5 billion in Q4 2018, up 6% year over year. Organic revenue was up 10% YoY, driven by higher volumes across all segments with double digit growth in most major end markets. For full year 2018,...
National Aluminium Company Limited (NALCO), announced its financial results for the third quarter ended December 2018 and up to end third quarter 2018-19. India’s leading manufacturer and exporter of alumina and aluminium posted a higher than expected operating profit of INR589 crore in the 3rd...
Hydro’s underlying EBIT for Primary Metal declined from NOK 1,377 million in Q4 2017 to a loss of NOK 677 million in Q4 2018. This was mainly due to higher alumina and carbon costs, as well as lower sales volumes. Underlying EBIT for Metal Markets improved from NOK 185 million in 2017 to NOK 275...
Alumex, the aluminium extrusions subsidiary of Sri Lanka’s Hayleys group, reported in its interim financial results that it lost 63.4 million rupees in the December 2018 quarter compared with a net profit of 102 million in the same period last year. However, sales rose 17 per cent to 1.3 billion...
Novelis Inc., the leader in aluminum rolling and recycling, today announced results for the third quarter of fiscal year 2019. The company reported net income of $78 million, compared to $121 million in the prior year period. Excluding tax-effected special items, net income dropped to $101 million...
