24 Jul 2016
(MENAFN) Aluminum Bahrain (Alba) posted a 45.4 percent drop in second-quarter net profit, which reached USD43.2mn, compared with a USD78.45mn in an earlier period.
However, the firm reported weak earnings in the previous three quarters, due to a collapse in international aluminum prices.
Accordingly, the company proclaimed its board had proposed not to offer a cash or share dividend for the period.
Meanwhile, Alba aims to become the world’s main single aluminum complex, boosting its annual output by 540.000 tons to 1.5mn tons.
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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