Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
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 H1’26: Profit jumps 166%, driven by aluminium prices, green power
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...
Grow with
AL Circle
Press Metal Aluminium posts 14% increase in net profit in 4QFY17
Malaysia’s Press Metal Aluminium Holdings Bhd announced results for the fourth quarter ended Dec 31, 2017 (4QFY17). The company recorded net profit of RM150.19 million in the fourth quarter, up 14 per cent from RM131.78 million a year ago. Image Source: Press Metal Press Metal’s revenue increased...
Kian Joo reports 15.17% increase in revenue in Q4 2017
Kian Joo Can Factory Berhad, a manufacturer and distributor of aluminium cans, tin cans and steel cans in Malaysia, recorded revenue of RM494.4 million in Q4, 2017, an increase from RM429.3 million in Q4, 2016. The increase in revenue was contributed by increase in demand for the Group's products...
Century Aluminum shifts from net loss in 2016 to improved net income in the full year 2017
Century Aluminum Company today announced fourth quarter and full year 2017 results. Q4 2017 Highlights Century Aluminum Company reported net income of $35.8 million for Q42017 in comparison to the net income of $20.8 million for the third quarter of 2017. Results were favourably driven by a $7.3...
Constellium 2017 revenue up 10% on higher aluminium prices
Constellium published results for the fourth quarter and full year ended December 31, 2017. Revenue stood at €5.2 billion, up 10% compared to last year due to higher aluminium prices. The company reported adjusted EBITDA of €431 million in 2017, an increase of 14% from 2016 on improved results from...
Alumina Limited reports profits for FY2017; expects to be benefited by import restrictions in 2018
Alumina Limited released its full year 2017 results on Thursday, 22 February 2018. The company reported a statutory net profit after tax of US$339.8 million for the full-year 2017 in comparison to a net loss of US$30.2 million in 2016. Excluding special items net profit after tax would be US$363.1...
Norsk Hydro Q4 and full year 2017 results up on higher aluminium and alumina prices
Norsk Hydro reports positive Fourth quarter 2017 results driven by higher realized all-in metal and alumina prices that was slightly offset by higher raw material and fixed costs. Hydro's underlying EBIT increased from NOK 2,446 million in Q3 2017 to NOK 3,555 million in Q4 2017, mostly driven by...
Aluminium auto component maker Minda Corp’s Q3 FY18 revenues up 25.2% YoY
Leading Indian automotive component manufacturer for OEMs, Minda Corporation of Ashok Minda Group has posted six percent increase (year-on-year) in net profit margins in the third quarter ending December 31, 2017. From INR 21.3 crore in Q3 FY 2017, net profit has increased to INR 37.9 crore this...
Nalco’s Q3 net profit soars 207%, highest-ever profit in 10 years
National Aluminium Company Limited (Nalco) has published its financial results for & upto third quarter ended December 2017. The company has registered a record net profit of INR 722 crore, from INR 144 crore in the corresponding quarter of previous fiscal. The company has been able to break the...
Alba’s 2017 net income jumps by 91%YoY driven by higher LME price and improved performance
Aluminium Bahrain B.S.C. (Alba) released its operating and financial results for the full-year and fourth quarter of 2017 during a meeting of the Company’s Board of Directors on Thursday February 08. Alba closed 2017 with a strong financial performance reflecting its resilience in achieving quick...
Rio Tinto reports record EBITDA and cash generation for full year 2017
Rio Tinto announces financial results for 2017 with a cash generation of $13.9 billion, full year dividend of record $5.2 billion and an additional $1 billion share buy-back. The share buy-back will be completed by the end of 2018. Commenting on the results, Rio Tinto chief executive J-S Jacques...
Romanian aluminium company Alro plans to invest USD 61 million in 2018
Alro said on Friday that its shareholders have approved an investment of USD 61 million in 2018.The company expects net profit of USD 42.8 million and sales revenue of USD 662.9 million this year, according to Business Review. The company reported net profit of RON 223.4 million in the first nine...
Arconic reports 5% increase in 2017 revenue driven by higher volumes and aluminium prices
Arconic Inc. delivered revenue of $13.0 billion in 2017, up 5% year over year, driven by higher volumes across all segments and higher aluminium prices. Excluding special items, adjusted income stood at $618 million in 2017 versus $505 million in 2016. The company reported consolidated adjusted...
Hindalco’s net profit rises 17% in Q3 FY18
Hindalco Industries Ltd., released standalone unaudited financial results for the quarter ended December 31, 2017. The company produced 323 thousand tonnes of aluminium in Q3 FY18. VAP (including Wire Rod) production stood at 123 thousand tonnes, up 3 per cent. Hindalco’s revenue increased 18.4 per...
Higher automotive shipments and operational efficiency lift Q3 FY2018 earnings for Novelis
Novelis, the aluminium rolling and recycling major has reported net income of $121 million for Q3 FY 2018, compared to $63 million in the same period of 2017. Excluding special items in both years, the company reported net income of $138 million in Q3 FY 2018, more than double the $67 million...
Higher sales and commodity price boost Ma’aden’s net profit in 2017
The Saudi Arabian Mining Company (Ma’aden) published its consolidated financial and operating results for the year ending December 31, 2017. The company reported a strong profit growth driven by increased production and sales, improved commodity prices and tight cost control. Ma’aden produced 916k...
Alcomet reports decline in non-consolidated net profit in 2017
Alcomet has announced its non-consolidated net profit for 2017 on Wednesday, January 31.Alcomet, an aluminium products manufacturer, reported a drop in net profit in 2017. The company’s consolidated net profit dropped to 15.9 million levs ($10.12 million/8.12 million euro) in 2017, compared to 26.9...
Malaysia’s WZ Satu Bhd reports fall in Q1 FY2018 profits due to bauxite mining business loss
The sudden halt in Malaysia’s bauxite mining growth has put many bauxite miners in the South-East Asian mineral-rich country in financial lows. WZ Satu Bhd, for example, reported a sharp decline its net profit for the first quarter ended November 30, 2017. The Main Market-listed diversified company...
Vedanta’s revenue increases 19% YoY on improved aluminium volumes in Q3 FY18
Vedanta Limited has announced its unaudited consolidated results for the third quarter ended 31 December, 2017. The company has reported 19 per cent increase year-on-year in revenue in the fiscal third quarter. Mr. Kuldip Kaura, Chief Executive Officer, Vedanta Ltd, said: "We delivered a robust...
