MANAMA: Alba saw total sales fall last year by 16 per cent as a result of low global prices on the London Metal Exchange (LME) in spite of the company achieving its highest-ever production.
Aluminium cash prices at the LME had an average cash price of $2,019 per metric tonne against $2,398 the previous year.
Sales for the full-year were at $1.978 billion compared with $2.349bn in 2011.
The company registered a net income of $257 million compared with $564m in 2011 which was a drop of 54pc year-on-year driven by lower aluminium prices and higher energy costs.
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