Mubasher: Aluminum Bahrain (Alba) revealed that its annual output rose 1.1% year-on-year in 2016 to 971,400 metric tons from 960,600 metric tons, according to a bourse filing on Sunday.

Chief Executive Officer, Tim Murray said, “We are proud to be celebrating yet another record in production despite the tough market conditions. Alba has succeeded once again due to the hard work of its people, effective teamwork and commitment to operational efficiency.”

The company reported an increase of 65% y-o-y to BHD 14.3 million ($38.1 million) in net profits for the third quarter of 2016.

As for the first nine - month period ended September 2016, the company posted net profits of BHD 34.8 million ($92.6 million) down from BHD 75.7 million ($201 million) a year earlier.