ALBA reports 25% drop in second-quarter profit

July 27, 2014 6:41 am

Aluminium Bahrain (Alba) has said its second-quarter net profit dropped over 25% to $41m, as metal prices fell, Reuters has reported. Total sales fell $5m to $515m, compared with the same period a year ago. The company’s board recommended a dividend of 12 fils per share, a total of $45m, Alba said.