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...
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Hindalco Q4 net profit more than doubles to Rs 356 crore
Aluminium maker Hindalco today said its standalone net profit more than doubled to Rs 356 crore for the quarter ended March 2016 helped by growth in sales of value-added products as well as cost efficiencies. The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 160 crore in...
NALCO posts INR 731 cr net profit in 2015-16
At a time when 70% aluminium companies world over have reported loss, as also reduced production, and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India,...
UC RUSAL's Q1 2016 revenue from sales of primary aluminium and alloys rises 5% QoQ
UC RUSAL, a leading global aluminium producer, announced its results for the three months ended 31 March 2016. Total revenue decreased by USD563 million, or by 22.7 per cent, to USD1,914 million in the first quarter of 2016, as compared to USD2,477 million for the corresponding period of 2015. The...
Constellium reports First Quarter 2016 financial results
Constellium N.V. today reported results for the first quarter ended March 31, 2016. The company began 2016 with solid first quarter results. Revenues for the first quarter of 2016 were €1.2 billion, a decrease of 17 per cent from €1.4 billion in the first quarter 2015, primarily driven by lower...
Novelis Q4 and full-year 2016 results: Productivity and automotive sheet shipments increase driving growth
Novelis, the world leader in aluminium rolling and recycling, yesterday reported net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax-effected special items, the company reported net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase...
Aleris reports Q1 Results: Adjusted EBITDA declines due to low aluminium prices and reduced scrap availability
Aleris Corporation reported results for the three months ended March 31, 2016. First Quarter 2016 Results: Adjusted EBITDA totalled $45 million for the first quarter of 2016 compared to $55 million for the first quarter of 2015. First quarter results were impacted by unfavourable year-over-year...
Alba reports Q1 results: Collapse of all-in-aluminium prices eats into top-line and earnings
Aluminium Bahrain B.S.C. (Alba) announced the release of its first quarter of 2016 results on Monday, May 2, 2016. Commenting on Q1 2016 Results, the Chairman of Alba’s Board of Directors, Daij Bin Salman Bin Daij Al Khalifa: “Despite weak market sentiment coupled with low LME prices, Alba still...
Aluminium conductor manufacturer ECA Cables posts 27% decline in profit
East African Cables Group, which manufactures copper cables and aluminium conductors and cables among other items, is waging on increased cables manufacturing and investments to return to revenue growth. This is after the regional manufacturer reported a 27 percent decline in its profits for the...
China Zhongwang 2016 Q1 net profit reaches RMB604 mln
China Zhongwang Holdings Limited, together with its subsidiaries “the Group”, a world’s leading aluminium fabricated product developer and manufacturer, announced its unaudited consolidated results for the three months ended 31 March 2016. During the period under review, the quarterly revenue was...
Gränges posts volume growth and stable profit in Q1
Gränges announced interim report for January-March 2016. Sales volume reached 45.1 ktonnes (42.7), an increase of 5.7 per cent compared to previous year. Net sales of the rolled aluminium products supplier for brazed aluminium heat exchangers totalled SEK 1,360 million (1,456), a decrease of 6.6...
Chalco turns in second straight profitable quarter
State-owned Aluminum Corporation of China Ltd (Chalco) reported its second consecutive profitable quarter today, buoyed by a rise in domestic prices for primary aluminium. Chalco turned in a net profit of CN¥19.2 million (US$2.97 million) for the first quarter, which is down from a profit of CN¥48...
Century reports Q1 2016 financial results: Sales decline but liquidity improves
Century Aluminum Company reported a net loss of $16.2 million ($0.19 per share) for the first quarter of 2016. Results were favourably impacted by a $5.8 million ($0.06 per share) lower of cost or market inventory adjustment. After consideration of this item, the company reported an adjusted net...
Sapa delivers record results in first quarter
Sapa has delivered the strongest first quarter since the company was established in 2013. The demand for lighter cars in both North America and Europe, resulting in aluminium substitution in the automotive industry, is contributing positively. Owners Orkla and Hydro reported to the financial...
Norsk Hydro puts up a 'stronger' performance in primary aluminium JVs for Q1 2016
Norsk Hydro has announced its financial results for the first quarter ended on March 31, 2016. The underlying earnings before financial items and tax of the Norway based energy and aluminium producer declined to NOK 1,501 million in the first quarter, down from NOK 1,566 million in the fourth...
Bauxite Resources' current cash burn rate reduces in quarter ended March 2016
Bauxite Resources Limited has published its production report for the quarter ended on March 2016. During the review period, Bauxite Resources completed sale of the company’s interest in the BAJV. Key changes made as a consequence of this were as follows: • BRL received net cash funds of $6m from...
Profit at aluminium extrusions maker Impol surges 80% in 2015
Impol Group, which operates under the auspices of its holding company Impol 2000, posted strong financial growth for the year ended December 2015. The net profit of the group jumped 80 per cent to EUR 22.5m in 2015 over 2014, according to audited results published on Tuesday. Revenues of the Group,...
DUBAL Holding posts $256 mln net profit for 2015 despite aluminium industry challenges
DUBAL Holding LLC, the wholly-owned subsidiary of Investment Corporation of Dubai that has been operational since 2014 to look after, among other things, a 50 per cent share in Emirates Global Aluminium, today held its annual general meeting at the Rulers Court. HH Sheikh Hamdan bin Rashid Al...
Constellium publishes Annual Report 2015: Focus remains on higher margins and technological excellence
Constellium N.V. announced yesterday the Annual Report 2015. The Group's financial highlights are as follows: Total shipments in 2015 were 1,478k metric tons, a 39 per cent increase compared to 1,062k metric tons in 2014, driven mainly by the integration of Wise and reflecting good traction from...
