Company Analysis - Commissioned /
Bahrain

Aluminium Bahrain: Q3 21 preview – High aluminium prices propel record profit expectation

  • Aluminium Bahrain (Alba) will report Q3 21 results on 31 October. We expect EPS of BHD0.099 for the quarter

  • China supply curbs and steady demand keep aluminium prices high, while alumina supply disruptions propel costs

  • Year-to-date, LME aluminium prices have increased 45% to US$2,863, while Alba shares are up 43% to BHD0.735

Janet Ogunkoya
Janet Ogunkoya

Senior Research Analyst

Tellimer Research
26 October 2021
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