Century Aluminum posts 2nd-qtr loss

Wednesday, Jul 25, 2012
点击:

  Century Aluminum Co swung to a second-quarter loss as lower aluminum prices offset rise in shipments.

  Net loss was $12.3 million, or 14 cents a share, compared with a net profit of $24 million, or 24 cents a share, the company said.

  Revenue fell 12 percent to $323.6 million.

  Shipments of primary aluminum totaled 93,831 tonnes, compared with 84,509 tonnes a year ago.

  On July 9, aluminum giant Alcoa Inc reported quarterly revenue and profit that beat Wall Street's expectations, and it forecast growing demand in the aerospace and auto sectors.

  Shares of Monterey, California-based Century Aluminum closed at $5.93 on Tuesday on Nasdaq. They have fallen close to 60 percent in the past 52-weeks.

Recommended exhibitions

16TH ARAB INTERNATIONAL ALUMINIUM CONFERENCE
  ARABAL, which is being organized and hosted by Qatalum, is the premier trade event for the Middle East's aluminium i......
Aluminium 2012
  ALUMINIUM is the leading B2B platform in the world for the aluminium industry and its main applications. This is whe......
The 4th edition of Zak Aluminum Extrusions Expo
 Date

  14th - 16th December 2012

  Venue

  Pragati Maidan,

  New Delhi,India.

  Exhibition Timings

 ......
ALUMINIUM DUBAI 2011
Name:ALUMINIUM DUBAI 2011
Time:2011-5-9 to 2011-5-11
Place:Dubai International Convention & Exhibition Centre, Dubai, UAE......