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Alba profits climb 65% in Q3

Alba profits climb 65% in Q3
Alba profits climb 65% in Q3
Alba
ALBH
20.93% 1.10 0.19

Mubasher: Aluminum Bahrain (Alba) reported an increase of 65% y-o-y to BHD 14.3 million ($38.1 million) in net profits for the third quarter of 2016.

The company reported net profits of BHD 8.7 million ($23 million) for the same period of the previous year.

As for the first nine - month period ended September 2016, the company posted net profits of BHD 34.8 million ($92.6 million) down from BHD 75.7 million ($201 million) a year earlier.