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FINANCIAL NEWS
Bahrain’s Alba reports USD54.9m profit in Q2
29 Jul 2013
(MENAFN) Aluminium Bahrain (Alba) reported a 42 percent decline in quarterly earnings on unrealized derivative gains as well as lower metal prices, Reuters reported.
The company said it made USD54.91 million net profit during the second quarter, down from USD94.4 million a year earlier.
Alba also reported USD518.3 million in sales during the April-June period, down from USD520.94 million a year ago.
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