Alba discloses its financial results for Q3 and 9 Months of 2025
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Manama, Nov. 11 (BNA): Aluminium Bahrain B.S.C. (Alba), recognized as the largest aluminium smelter globally at a single location, has announced a Profit of BD67.3 million (US$179 million) for the third quarter of 2025, representing a 23% increase Year-over-Year (YoY), compared to a Profit of BD54.5 million (US$145 million) during the same timeframe in 2024.
Alba discloses its financial results for Q3 and 9 Months of 2025
The Company announced Basic and Diluted Earnings per Share of fils 48 for Q3 2025 comparedto Basic and Diluted Earnings per Share of fils 39 for the corresponding period in 2024. The Total Comprehensive Income for Q3 2025 was BD67.5 million (US$179.4 million) comparedto BD51 million (US$135.6 million) inthe third quarter of 2024– an increase of 32% year-over-year. Gross Profit in Q3 2025 reached BD98 million (US$260.8 million), compared to BD80.5 million (US$214 million) during the corresponding period in 2024, marking a 22% increase year over year. In Q3 2025, regarding Revenue from contracts with customers, Alba reported BD449.4 million (US$1,195.3 million), compared to BD433.5 million (US$1,152.8 million) in Q3 2024, reflecting a 4% increase YoY.
Regarding the first nine months of 2025, Alba announced a Profit of BD110 million (US$292.4 million), a decrease of 25% YoY, comparedto a Profit of BD147.5 million (US$392.2 million) in the same period of 2024.
The Company disclosed Basic and Diluted Earnings per Share of fils 78 for the firstnine months of 2025 comparedto Basic and Diluted Earnings per Share of fils 104 for the equivalent period in 2024. Alba’s Total Comprehensive Income for the nine months of 2025 amounted to BD106 million (US$282.2 million), representing a 27% declineyear-over-year, in contrastto a Total Comprehensive Income of BD145.3 million (US$386.5 million) during the equivalentperiod of 2024. Gross Profit for the nine months of 2025 stood at BD190.7 million (US$507.2 million) compared to BD234 million (US$622 million) in the corresponding period of 2024, reflecting an 18% decline year-over-year. In the nine months of 2025, Alba reported Revenue from contracts with customers of BD1,292.4 million (US$3,437.3 million), compared to BD1,175 million (US$3,125 million) in the equivalent period of 2024, marking a 10% increase YoY.
Total Equity as of 30 September 2025 was BD1,978 million (US$5,260.4 million), anincrease of 3% from BD1,924 million (US$5,117 million) on December 31, 2024. Alba’s Total Assets as of September 30, 2025, stoodat BD2,635 million (US$7,008 million) comparedto BD2,673.4 million (US$7,110 million) as of December 31, 2024 – adecrease of 1%.
Discussing the Company’s performance for the third quarter of 2025, Khalid Al Rumaihi, Chairman of Alba’s Board of Directors, stated: “Alba’s Q3 results,witha 23% increasein profit comparedtolastyear,highlight our resilience and disciplined execution.” Wearenotjustachievingsolidfinancialresultsbutalsointegratingsustainabilitythroughout our operations,inlinewithBahrain’s2060Net-ZeroVision. Our focusisonsecuringAlba’sfuturebyenhancingcapacity,promotingcircularity,anddrivinginnovationtoguaranteelastingvaluefor our shareholdersandstakeholders.
AliAlBaqali,Alba’sCEO,remarked:“Despitemarketchallengesaffectingprofitoverninemonths, our revenueincrease and advancementsone-AlHassalahsavingsshowcaseour capacity to adjust and succeed.” In addition to financial metrics, reaching 41 million safe working hours and obtaining a 5-Star rating from the British Safety Council emphasizes our dedication to safetyand our workforce – the genuine catalysts of our success.”
Alba Management is set to conduct a conference call on Wednesday, November 12 at 3 PM Bahrain Time to review the Company’s financial and operational results for Q3 2025 and to detail its strategic objectives for the future.