Aluminium Bahrain B.S.C (Alba) continues to build momentum with its production figures up by 2.5% YoY to reach 464,012 metric tonnes in the first half of 2014 (versus 452,727 mt in H1 2013), while its sales figures topped 456,282 mt for the same period in 2014, an increase of 1,852 mt versus 454,430 mt in H1 2013.
In addition, Alba was able to sustain its Value-Added (VA) sales for this period with an average of 65% versus 66% in H1 2013.
Commenting on Alba’s sales and production figures for H1 2014, Alba’s Chief Executive Officer, Tim Murray said:
“Alba is continually focusing to deliver reliable performance despite low LME prices. By leveraging the company’s operational performance along with our integrated marketing approach, we were able to stretch our targets.”
Aluminium Bahrain B.S.C (Alba) will release its second quarter 2014 financial results to the public on Sunday, July 27, 2014 as well as upload the IR presentation on its Investor Relations section at www.albasmelter.com.
For further details, please contact:
Investor Relations Manager
Investor Relations Department
Tel: (973) 1783 5100 (direct)
Fax: (973) 1783 3822
Tuesday, July 8- 2014 @ 13:46 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.