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AUSTRALIA'S ALUMINA LTD POSTS 86.3 PCT DROP IN H1 PROFIT.

Publication: AsiaPulse News
Publication Date: 06-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: AUSTRALIA'S ALUMINA LTD POSTS 86.3 PCT DROP IN H1 PROFIT.(Financial report)

Article Excerpt
MELBOURNE, Aug 6 Asia Pulse - Australia's Alumina Ltd (ASX:AWC) has posted an 86.3 per cent fall first half profit after a tough six months for the aluminium industry, and says it remains cautious about the outlook for aluminium demand.

The company, a minority partner in Alcoa World Alumina & Chemicals (AWAC) group, said its net profit for the six months ended June 30 was A$6 million (US$5.04 million), down from A$43.8 million in the...

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