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China Aluminum Cans Holdings Ltd gives the outlook for H1 2014
04 JUN 20141MINS

China Aluminum Cans Holdings Ltd gives the outlook for H1 2014

According to China Aluminium Can Holdings Ltd, the initial phase review of the management accounts for 4 months that ended on 30th April, 2014. It expects that a material reduction in total revenue and net profit for H1 2014 for the group in comparison to H1 2013. The expected reduction in the...

Shree Narmada Aluminium industries reported total profit of INR 0.48 crore in March 2014 quarter
03 JUN 20141MINS

Shree Narmada Aluminium industries reported total profit of INR 0.48 crore in March 2014 quarter

Shree Narmada Aluminium Industries’ net profit reported to INR 0.48 crore in March 2014 quarter against the net loss of INR 0.06 crore in the last quarter that ended on March 2013. The sales of the company declined to 49.44% (0.90 crore) in 2014 March quarter in comparison to INR.1.78 crore in the...

Hind Aluminium standalone Mar '14 sales at INR 82.68 crore
03 JUN 20141MINS

Hind Aluminium standalone Mar '14 sales at INR 82.68 crore

Hind Aluminium Industries has reported a standalone sales turnover of INR 82.68 crore and a net profit of INR 0.46 crore for the quarter ended Mar '14. Other income for the quarter was INR 1.08 crore. For the quarter ended Mar 2013 the standalone sales turnover was INR 104.97 crore and net profit...

Bhoruka Aluminium reports March 2014 quarter and full year results
02 JUN 20141MINS

Bhoruka Aluminium reports March 2014 quarter and full year results

Bhoruka Aluminium reported a net loss of Rs 0.22 crore in the quarter ended March 2014 compared to the net loss of Rs 4.33 crore during the previous quarter that ended in March 2013. During March quarter 2014, total sales also came down 99.73% to Rs 0.03 crore as against Rs 11.08 crore during the...

Hindalco profit falls 48.5% to Rs248.15 crore
02 JUN 20144MINS

Hindalco profit falls 48.5% to Rs248.15 crore

The Aditya Birla Group’s flagship company Hindalco Industries Ltd reported a stand-alone net profit of Rs.248.15 crore for the fourth quarter of 2013-14, down 48.52% from a year ago, owing to rising costs even though sales of aluminium were at a record high, the company said on Thursday. “The...

Nalco shares weakens after fourth quarter net drops by 30%
30 MAY 20141MINS

Nalco shares weakens after fourth quarter net drops by 30%

Nalco (National Aluminium Company Ltd)’s shares were trading above 2% at Rs.50 after the company had reported a 30% fall in the net profit at Rs.172 cr for March 31 quarter due to low income and increase in the expense. The company had already shown a total profit of Rs.246 cr last year in the same...

JW Aluminum issues 2014 first quarter results and to host investor conference call to review results
29 MAY 20141MINS

JW Aluminum issues 2014 first quarter results and to host investor conference call to review results

JW Aluminum Company (“JW Aluminum”) announced today that it has posted its 2014 Quarterly Report for the Three Months Ended March 29, 2014 on JW Aluminum’s secure investor website at 4:00 PM Eastern Time on Tuesday, May 27, 2014. The quarterly report is being furnished pursuant to the Indenture...

NALCO to announce FY14 results on May 28, 2014
27 MAY 20141MINS

NALCO to announce FY14 results on May 28, 2014

A meeting of the Board of Directors of National Aluminium Company Ltd will be held on May 28, 2014, to consider the audited financial results of the Company for the quarter and year ended March 31, 2014 and to consider recommendation of final dividend, if any. Shares of NATIONAL ALUMINIUM CO.LTD....

Jobs fear after Bell Bay aluminium smelter posts $25 million loss
23 MAY 20142MINS

Jobs fear after Bell Bay aluminium smelter posts $25 million loss

The Bell Bay aluminium producer has reported a big loss for 2013 after warning it would have to reduce staff unless it was exempted from the Renew­able Energy Target. Rio Tinto Aluminium (Bell Bay), holder of the investment in the Bell Bay smelter, reported a $25 million loss for 2013. The result,...

Constellium NV given average recommendation of “Buy” by Brokerages
21 MAY 20142MINS

Constellium NV given average recommendation of “Buy” by Brokerages

Constellium NV has earned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the company, Analyst Ratings.Net reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and seven have given a buy...

PANASIALUM announces 2014 Interim Results
21 MAY 20142MINS

PANASIALUM announces 2014 Interim Results

PanAsialum Holdings Company Limited (stock code: 2078), an aluminium products manufacturer based in Guangdong Province, PRC today announced its unaudited interim results for the six months ended 31 March 2014 (the "Current Period"). The first half of the current financial year was a challenging...

Hindalco gains after Novelis declares Q4 results
20 MAY 20144MINS

Hindalco gains after Novelis declares Q4 results

Hindalco Industries rose 4.68% to Rs 147.70 at 10:40 IST on BSE after the company's US subsidiary Novelis reported its Q4 results on Friday, 16 May 2014. Meanwhile, the BSE Sensex was up 63.52 points, or 0.26%, to 24,185.26. On BSE, so far 4.95 lakh shares were traded in the counter, compared with...

Novelis: Recycled content in products increased by 3 percent to 46 percent
20 MAY 20143MINS

Novelis: Recycled content in products increased by 3 percent to 46 percent

Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $54 million for the fourth quarter of fiscal year 2014. Excluding certain tax-effected items, net income was $75 million. “Fiscal 2014 was a transitional year for Novelis...

Novelis reports fiscal year 2014 results
19 MAY 20143MINS

Novelis reports fiscal year 2014 results

Highlights: - Q4 Net Income, Excluding Certain Items, of $75 million - Q4 Adjusted EBITDA of $250 million - Liquidity in Excess of $1 Billion Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $54 million for the fourth...

Constellium reports first quarter 2014 financial results
19 MAY 20143MINS

Constellium reports first quarter 2014 financial results

Constellium N.V. today reported results for the first quarter ended March 31, 2014. Highlights of results include: • Shipments up 3% from prior year • Q1 2014 Revenues of €883 million and Adjusted EBITDA of €71 million • Major milestone reached with the signing of U.S. Body-in-White joint venture •...

Alro reported an adjusted net loss of RON 51 million in Q1 2014
16 MAY 20144MINS

Alro reported an adjusted net loss of RON 51 million in Q1 2014

Financial and operational highlights • Turnover of RON 496 million, compared to RON 507 million in Q1 2013 • Net loss of RON 144 million, compared to a net profit of RON 11 million in Q1 2013 • Primary aluminium production of 62,500 tonnes, from 62,400 tonnes in Q1 2013 • Processed aluminium...

Arab Aluminum Q1 profit falls 56% to EGP2.9 mln
15 MAY 20141MINS

Arab Aluminum Q1 profit falls 56% to EGP2.9 mln

The board of Arab Aluminum Co. endorsed financial results for Q1 that ended on March 31, 2014. These results showed EGP 2.9 million net profit, with a drop by 56% from EGP 6.7 million net profit in the same period a year earlier. The company’s FY13 profit had netted EGP 18.473 million, compared...

Orbite Announces First Quarter 2014 Results and updates Construction of HPA Facility
14 MAY 20143MINS

Orbite Announces First Quarter 2014 Results and updates Construction of HPA Facility

Orbite Aluminae Inc. announced today the filing of its first quarter financial results ended March 31, 2014 and provided an update on the construction of its HPA facility. First Quarter Highlights (All dollar amounts are in Canadian dollars unless stated otherwise.) • Advanced its high purity...