Alba CEO Receives the Director of Nasser Vocational Training Centre
Aluminium Bahrain B.S.C. (Alba)’s Chief Executive Officer, Ali Al Baqali, received on Wednesday 11 August 2021, the Director of Nasser Vocational Training Centre (NVTC), Dr. Abdulla Nasser Al Noaimi, at the Company’s premises. Present at the meeting was Alba’s Director of Administration, Hamad Al Shaibeh as well as Alba’s Human Resources and Training Senior Manager and NVTC Board of Trustees’ Member, Rawdha Salman Al Aradi.
Alba Discloses its Financial Results for the Second Quarter and H1 of 2021
Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world’s largest aluminium smelter w/o China, has reported a Profit of BD92.6 million (US$246.2 million) for the second quarter of 2021, up by 665% Year-over-Year (YoY), versus a Loss of BD16.4 million (US$43.6 million) for the same period in 2020. The Company reported Basic and Diluted Earnings per Share of fils 65 for Q2 2021 versus Basic and Diluted Loss per Share of fils 12 for the same period in 2020. The Total Comprehensive Income for Q2 2021 stood at BD90.6 million (US$241.1 million) versus Total Comprehensive Loss for the second quarter of 2020 of BD18.2 million (US$48.4 million) – up by 598% YoY. Gross Profit for Q2 2021 was BD123.7 million (US$328.9 million) versus BD21.6 million (US$57.6 million) for the same period in 2020 – up by 471% YoY. With regards to the Revenue in Q2 2021, Alba generated BD370 million (US$984 million) versus BD244 million (US$649.1 million) in Q2 2020 - up by 52% YoY.
Alba Receives Safeguard Label from Bureau Veritas
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, is pleased to announce receiving the SafeGuard Hygiene Excellence and Safety Label from Bureau Veritas for its diligent efforts in ensuring the Health and Safety of its employees and contractors’ workers amidst COVID-19 pandemic.
Alba Wins RoSPA Gold Medal Award for the 8th Consecutive Year
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China and a leader in Employee’s Safety, is the proud winner of 2021 Gold Medal Award from the Royal Society for the Prevention of Accidents (RoSPA) for the eighth consecutive year.
Alba Launches its First Environment, Social and Governance Campaign
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, launched today Sunday13 June 2021 the first-of-its-kind Campaign ‘Achieving the Balance’ that focusses on Environment, Social and Governance (ESG) matters. With this Campaign, Alba joins its peers in the GCC to mark the ESG Week under the umbrella of the Gulf Aluminium Council (GAC).
Alba Scoops Best Corporate Governance Award in Bahrain by Ethical Boardroom
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, is proud to announce that it has been the recipient of the ‘Best Corporate Governance Award’ in Bahrain by Ethical Boardroom for 2021.
Alba holds its Board Meeting for second quarter of 2021
Aluminium Bahrain B.S.C (Alba), the world’s largest aluminium smelter ex-China, continues to run its operations at a full run-rate as the Company weathers the COVID-19 crisis with its resilience and strength, stated the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa during the second quarterly Board of Directors’ meeting held virtually on Monday 07 June 2021 through MS virtual platform.
Alba Discloses its Financial Results for the First Quarter of 2021
Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world’s largest aluminium smelter w/o China, has reported a Profit of BD52.2 million (US$138.8 million) for the first quarter of 2021, up by 807% Year-over-Year (YoY), versus a Profit of BD5.8 million (US$15.3 million) for the same period in 2020. The Company reported Basic and Diluted Earnings per Share of fils 37 for Q1 2021 versus Basic and Diluted Earnings per Share of fils 4 for the same period in 2020.
Alba achieves 10 Million Safe Working-Hours without LTI
Aluminium Bahrain B.S.C. (Alba), the largest smelter in the world ex-China, is on course to evolve as the safest smelter in the world with achieving 10 million safe working-hours without Lost Time Injuries (LTI) on Monday 12 April 2021.
Alba lands ISO 22301:2012 Certification in Business Continuity Management System
The world’s largest aluminium smelter ex-China, Aluminium Bahrain B.S.C. (Alba) announced today that it has received ISO 22301:2012 certification for Business Continuity Management System (BCMS), which is an international recognition for its ability to continue its business operations despite disruptions as well as adherence to best practices in the implementation of its BCMS.