Sunday 26 July 2015

Emirates Global Aluminium gross revenue up 30 per cent to $5.4 billion | The National

Emirates Global Aluminium gross revenue up 30 per cent to $5.4 billion | The National:



"Emirates Global Aluminium, the world’s fourth-largest maker of the metal, reported a 75 per cent rise in net income last year amid rising aluminium prices and cost cuts.



EGA, created by the merger of Dubai Aluminium and Emirates Aluminium, did not specify its net income for last year or 2013. It said, however, that gross revenue rose 30 per cent to US$5.4 billion last year, without giving a corresponding figure for 2013.



“Sustained focus on reducing costs resulted in a drop in controllable costs,” said the company, which did not reply to a request for more details."



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