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    Corrigendum: Alba Reports Q1 2014 Results: Strong operational performance despite low LME price

  • China Aluminium Network
  • Post Time: 2014/5/12
  • Click Amount: 395

    Find below the corrigendum that further explains the total sales revenue for the quarter in the financial highlights section:

    Alba’s metal sales for the first quarter of 2014 reached US$ 459 million (BD 172.6 million) compared to US$ 498 million (BD 187.2 million) in Q1 2013 due to lower LME prices (down by 15% YoY).

    In addition, Alba generated US$ 27 million (BD 10.1 million) from non-metal sales in the first quarter 2014 bringing Total Sales Revenue to US$ 486 million (BD 182.7 million) versus US$ 498 million (BD 187.2 million) in Q1 2013.

    Source: Alba Press Release
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