Browse
related articles
Alba posts 54% drop in 2012 revenue
- Bahrain: Thursday, February 14 - 2013 at 03:33
Aluminium Bahrain (Alba) has reported a 54% decline in its revenue for 2012 to $257m, compared with $564m in the previous year, mainly due to a sharp drop in company sales driven by lower London Metal Exchange (LME) prices and higher energy costs. Full-year sales fell 16% to $1.97bn from $2.34bn recorded a year ago. Sales of value-added products accounted for 65% of total shipments in 2012, compared with 62% a year earlier.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
