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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National Aluminium Q3 net profit at INR 133.5 crore
National Aluminium Company Ltd posted a net profit of INR 1334.90 mn for the quarter ended December 31, 2015 as compared to INR 3544.70 mn for the quarter ended December 31, 2014. Total Income has decreased from INR 20576.10 mn for the quarter ended December 31, 2014 to INR 17592.80 million for the...
Hindalco Q3 profit plunges nearly 89% on sharp fall in metal prices
Aditya Birla Group firm Hindalco Industries on Tuesday reported 88.74 per cent plunge in standalone net profit to INR 40.46 crore for the quarter ended December 31, 2015, due to a sharp fall in metal prices. The company had reported a standalone net profit of INR 359 crore in the corresponding...
UC RUSAL announces Q4 and full year 2015 operating results
Leading, global aluminium producer UC RUSAL announced yesterday its fourth quarter and full year 2015 operating results. Aluminium production in Q4 2015 totalled 878 thousand tonnes, down 4.0 per cent Q-o-Q, remaining flat on the Y-o-Y basis. Q4 2015 aluminium sales totalled 876 thousand tonnes...
Novelis: results show 'less favourable recycling benefits'
Excluding special items, aluminium rolling and recycling specialist Novelis reported a net income of US$ 32 million in the third quarter of its current fiscal year compared to US$ 54 million in the previous third quarter. A 4% increase in adjusted EBITDA from US$ 228 million to US$ 238 million 'was...
Novelis reports strong Q3 2016 results on record automotive shipments
Novelis, the world leader in aluminium rolling and recycling, yesterday reported net income of $6 million for the third quarter of fiscal year 2016. Excluding tax-effected special items, the company reported net income of $32 million in the third quarter of fiscal 2016 compared to $54 million in...
Sluggish bauxite demand drags GMDC profits down 40% in Dec 2015 quarter
The Indian government-owned mineral exploration and development company has reported weaker year-on-year results for the final three months of last year as the Gujarat-based miner succumbed to slowing demand and weakening commodity prices. Gujarat Mineral Development Corporation Ltd. (GMDC) has...
Hindalco Industries likely to report loss for Q3 2015
Hindalco Industries Ltd, one of India's leading aluminium producers, will announce its financial results on February 9 for the third quarter ended December 31, 2015. A leading investment research firm forecasts, the company is likely to report a loss of INR 159 crore for Q3 FY16. The firm expects...
Maan Aluminium informs about closure of trading window
Maan Aluminium has informed that a meeting of the Board of Directors of the company will be held on February 13, 2016, to consider and approve Un-Audited Financial Results of the company for the quarter and nine months ended December 31, 2015 along with the limited review report of the auditors for...
Novelis to host Q3 FY 2016 earnings conference call on Feb 9
Novelis Inc. will report its earnings for the third quarter of fiscal year 2016 on Tuesday, February 9, 2016. Following the release, President and Chief Executive Officer Steve Fisher and Interim Chief Financial Officer Steve Pohl will discuss the results via a live conference call for investors at...
Hydro announces date and time for the release of Q4 2015 results
Hydro's fourth quarter results 2015 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 17, 2016. The quarterly report and presentation slides will be available Hydro's corporate website at the same time. Presentation in Oslo Hydro will host a combined analyst and...
Altech Chemicals publishes quarterly activities and cashflow report
Altech Chemicals published its quarterly activities and cashflow report for the period ending December 31, 2015. The highlights of the report are given below: 1) Altech signed mandate with German KfW IPEX-Bank for project financing • Exclusive project finance mandate with German KfW IPEX-Bank •...
Ford's 2015 profit jumps on stronger sales
Improving sales in most of the world helped Ford Motor Co. achieve a record pre-tax profit in 2015, and the company says the numbers could go even higher this year. Full-year pretax profit jumped 48 per cent to $US10.8 billion ($A15.33 billion) as its global sales and market share grew. Ford's US...
Chalco sees profit from shuttering loss-making aluminium capacity
Aluminum Corp. of China Ltd. said it expects to swing to a small full-year profit after shutting loss-making capacity. Its shares rose. China’s largest publicly traded aluminium smelter is contending with a global glut of the alloy and faltering demand at home, which have pushed prices to a...
Vedanta announces results for Q3 and nine months ended Dec 31
Resources giant Vedanta Limited, formerly known as Sesa Sterlite Ltd, announced its unaudited consolidated results for the third quarter ended 31 December 2015. Revenues during the quarter at INR 14,801 crore, were lower by 9% q-o-q due to softening of oil and metal prices, partially offset by...
Orbite announces bought deal financing
Orbite Technologies Inc. is pleased to announce that it has entered into an underwriting agreement with Euro Pacific Canada Inc. under which the Underwriter has agreed to buy on a bought deal basis 4,000 units of the company at a price of $1,000 per Unit for gross proceeds of $4,000,000. In...
Ma’aden announces reduction in profits and increase in production and capacity
The Saudi Arabian Mining Company (Ma’aden) announces a net profit of SR605 million for the financial year 2015, a decrease of 55% compared to its 2014 financial net results. Speaking on these results, Ma’aden CFO Khalid Al-Rowais pointed out that the company has been impacted with the decline of...
Kaiser Aluminum announces a 12.5% increase in quarterly dividend payment
Kaiser Aluminum Corporation today announced that its Board of Directors has declared a quarterly cash dividend of $0.45 per share representing a 12.5% increase over the prior quarter's dividend. The dividend will be payable on February 12, 2016 to shareholders of record as of the close of business...
Hydro's fourth quarter results 2015 to be released on Feb 17
Norsk Hydro ASA, the Norwegian aluminium and renewable energy company announced yesterday that its fourth quarter results 2015 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 17, 2016. The quarterly report and presentation slides will be available on Hydro’s...
