Aluminium Bahrain (Alba), an international aluminium smelter, has revealed that its sales volume and throughput are up by 4.9 per cent and 5.6 per cent, respectively, year-over-year (YoY) in the first quarter of this year.

Sales volume in the first quarter of this year topped 242,932 metric tonnes (mt) versus 231,538 mt in the first quarter of last year, while its production reached 248,776 mt, an increase of 13,298 mt compared to 235,478 mt in Q1 2016, said a statement from Alba.

In addition, value-added sales jumped to 56 per cent in the quarter versus 52 per cent in the first quarter of 2016, it said.

Alba’s chief executive officer Tim Murray said: “We are pleased to finish the first quarter of this year with this strong volume momentum in our sales and production.
 
“We were able to step-up our performance thanks to our plant reliability, integrated marketing approach and most importantly our people who aim to exceed the Company set-targets,” he said.

Alba will release its first quarter 2017 financial results to the public on April 23. – TradeArabia News Service