Aluminium Bahrain (Alba), the world's largest aluminum smelter outside China, had announced its financial results in the first quarter of 2020.
Its sales volume had increased by 48% and the profit had significantly grown by 136% to US$15.3 million from the same period of last year, with a great loss of US$42 million.
To push forward the savings, Alba was making efforts in developing the cost reduction program ‘Project Titan’. Moreover, with the quickness of its supply-chain team and response strategy, the company was able to overcome the crisis amid the COVID-19 outbreak.
Aluminium Bahrain reports financial results in Q1 2020
7 May 2020 16:38 reported by Margaret Yeh
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