Brief: Alumina Ltd Says FY Net Profit After Tax US$104 Mln

Alumina

21/02/2023 01:36

Feb 21 (Reuters) - Alumina Ltd  AWC.AX :
    * NO FINAL DIVIDEND DECLARED
    * FY NET PROFIT AFTER TAX US$  104.0 MILLION VERSUS US$187.6
MILLION
    * ALUMINA MARKET OUTSIDE CHINA IS NOW IN DEFICIT AND OUTLOOK
FOR
THIS YEAR IS FOR DEFICIT TO WIDEN
    * FY23 AWAC GUIDANCE FOR ALUMINA PRODUCTION  APPROXIMATELY
10.5-10.7 MILLION TONNES
    * FY23 AWAC GUIDANCE FOR ALUMINIUM PRODUCTION APPROXIMATELY
180,000 TONNES
    * GOING INTO 2023, CHINA’S POST  COVID ECONOMIC RECOVERY IS
LIKELY
TO DRIVE ALUMINIUM  DEMAND GROWTH
    * GOING IN TO 2023, ENERGY  PRICES ARE EXPECTED TO REMAIN AT
HIGH
LEVELS

Source text for Eikon:  ID:nASX3cRlqW 
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