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China Zhongwang 1H 2015 net profit rises17.9% to RMB1.5 billion
21 AUG 20152MINS

China Zhongwang 1H 2015 net profit rises17.9% to RMB1.5 billion

China Zhongwang Holdings Limited, the world's second largest industrial aluminium extrusion product developer and manufacturer, announced its unaudited results for the six months ended 30 June 2015. During the review period, the Group’s total revenue stood at approximately RMB 7.89 billion, roughly...

China aluminum cans : Alum Cans 1H net down 10% to HK$35.45m
19 AUG 20151MINS

China aluminum cans : Alum Cans 1H net down 10% to HK$35.45m

China Aluminum Cans said its profit attributable to owners of the parent for the six months ended 30 June 2015 dropped 10.1% year-on-year to HK$35.45 million. The basic and diluted earnings per share were HK8.4 cents and HK8.3 cents. The revenue was HK$358 million, a decrease of 1.3% from a year...

Alumina Ltd returns to profit in first half 2015
19 AUG 20153MINS

Alumina Ltd returns to profit in first half 2015

Alumina Limited (AWC), the leading Australian mineral and metals company, has swung to profit in the half-year to the end of June, and expects to see solid margins in the second half as favourable exchange rates lead to lower production costs. Alumina (AWC) today posted a net profit after tax of...

Hind Aluminium standalone Jun '15 sales at INR 188.35 crore
19 AUG 20151MINS

Hind Aluminium standalone Jun '15 sales at INR 188.35 crore

Hind Aluminium Industries has reported a standalone total income from operations of INR 188.35 crore and a net profit of INR 2.58 crore for the quarter ended Jun '15. Other income for the quarter was INR 0.33 crore. For the quarter ended Jun 2014 the standalone total income from operations was INR...

ESS DEE Aluminium reports net profit of INR 7.04 crore for June quarter
18 AUG 20151MINS

ESS DEE Aluminium reports net profit of INR 7.04 crore for June quarter

ESS DEE Aluminium has reported a consolidated total income from operations of INR 184.61 crore and a net profit of INR 7.04 crore for the quarter ended Jun '15. For the quarter ended Jun 2014 the consolidated total income from operations was INR 181.55 crore and net profit was INR 5.55 crore. ESS...

Aluminium producer Alro recovers 2014 loss and turns profit in 2015
18 AUG 20154MINS

Aluminium producer Alro recovers 2014 loss and turns profit in 2015

Romanian aluminium producer Alro S.A. posted an adjusted net profit of RON 113 million (EUR 25.58 million) as a result of cost cutting and increase of income during the first half of 2015, shows a company financial report. In H1 2014 the company had registered an adjusted net loss of RON 80 million...

Hindalco Q1 net down 67%, lower realisation hits aluminium biz
17 AUG 20152MINS

Hindalco Q1 net down 67%, lower realisation hits aluminium biz

Lower metal realisation, high finance and depreciation costs have hit the aluminium maker Hindalco's bottomline as it reported a 67 per cent drop in the standalone net profit at INR 107.19 crore for the quarter ended June 30. The flagship firm of the Aditya Birla Group had clocked a net profit of...

Manaksia Aluminium standalone Jun '15 sales at INR 78.10 crore
17 AUG 20151MINS

Manaksia Aluminium standalone Jun '15 sales at INR 78.10 crore

Manaksia Aluminium Company has reported a standalone total income from operations of INR 78.10 crore and a net profit of INR 1.10 crore for the quarter ended Jun '15. Other income for the quarter was INR 0.31 crore. For the quarter ended Jun 2014 the standalone total income from operations was INR...

Century reports second quarter 2015 financial results
14 AUG 20153MINS

Century reports second quarter 2015 financial results

Century Aluminum Company reported a net loss of $33.9 million ($0.39 per common share) for the second quarter of 2015. Results include a $30.9 million impairment charge ($0.35 per common share) related to the permanent closure of our Ravenswood smelter and a $25.7 million charge ($0.30 per common...

Hindalco plunges over 7% as Novelis posts weak Q1
13 AUG 20151MINS

Hindalco plunges over 7% as Novelis posts weak Q1

Hindalco Industries shares fell over 7 per cent to hit intraday low of Rs 95.55 after its subsidiary Novelis, which contributes around 50 per cent to its consolidated revenues, reported weak earnings for the June quarter. Novelis, which is world's largest recycler of aluminium posted a net loss of...

Nalco Q1 net declines 40% to INR 163.44 cr
13 AUG 20151MINS

Nalco Q1 net declines 40% to INR 163.44 cr

State-run National Aluminium Company (Nalco) reported a 40 percent decline in its net profit at INR 163.44 crore for the quarter ended June 30, 2015. The company had posted a net profit of INR 270.99 crore in the year-ago period. Total income of the aluminium producer fell by 16 percent to INR...

Novelis reports net loss of $60m in Q1 FY 2016: Automotive production up
12 AUG 20153MINS

Novelis reports net loss of $60m in Q1 FY 2016: Automotive production up

Novelis, the world leader in aluminum rolling and recycling, today reported a net loss of $60 million for first quarter of fiscal year 2016. Excluding certain tax-effected items, the company reported net income of $24 million in the first quarter of fiscal 2016 compared to $28 million in the first...

Noranda receives continued listing standard notice from NYSE
11 AUG 20152MINS

Noranda receives continued listing standard notice from NYSE

Noranda Aluminum Holding Corporation announced today that it received written notice from the New York Stock Exchange (NYSE) on August 7, 2015 that the company is not in compliance with one of NYSE's continued listing standards because the average global market capitalization of its common stock...

Rio Tinto half-year net profit plummets
10 AUG 20153MINS

Rio Tinto half-year net profit plummets

Mining giant Rio Tinto on August 6 reported a 82% drop in its first-half net profit as a supply glut and slowing demand in key market China sent iron ore prices plunging. The Anglo-Australian firm, which reports in US dollars, said net profit was $806m in the six months to June 30 from $4.4bn in...

Bhoruka Aluminium to announce first quarter results on Aug 13, 2015
07 AUG 20152MINS

Bhoruka Aluminium to announce first quarter results on Aug 13, 2015

A meeting of the Board of Directors of Bhoruka Aluminium Ltd will be held on August 13, 2015, to consider and take on record the Unaudited Financial Results for the First quarter ended June 30, 2015. Pursuant to provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 "Code of Conduct...

Constellium reports second quarter 2015 financial results
06 AUG 20152MINS

Constellium reports second quarter 2015 financial results

Constellium N.V. reported results for the second quarter ended June 30, 2015. Highlights below are in comparison to the second quarter of 2014. • Shipments of 386 thousand metric tons, up 38% • Revenue of €1.375 billion, up 49% • Adjusted EBITDA of €93 million, including €19 million from Muscle...

Manaksia Aluminium Company Ltd to consider 1st quarter results on Aug 13, 2015
05 AUG 20151MINS

Manaksia Aluminium Company Ltd to consider 1st quarter results on Aug 13, 2015

A Meeting of the Board of Directors of Manaksia Aluminium Company Ltd will be held on August 13, 2015, to consider, approve and take on record the Un-audited Financial Statements of the Company for the quarter ended June 30, 2015. In terms of provisions of the Company's Code of Conduct to Regulate,...

Aleris reports second quarter 2015 results
05 AUG 20153MINS

Aleris reports second quarter 2015 results

Aleris Corporation today reported results for the three and six months ended June 30, 2015. Except as otherwise indicated, all amounts reflect the divested recycling and extrusions businesses as discontinued operations. Second Quarter Summary • Adjusted EBITDA of $60 million, up 53 percent compared...