ALBA, the world’s largest aluminium smelter on one site, has reported a profit of BD67.3 million ($179m) for the third quarter of 2025, up by 23 per cent year-over-year (YoY), versus a profit of BD54.5m ($145m) for the same period in 2024.
The company reported basic and diluted earnings per share of 48 fils for Q3 2025 versus basic and diluted earnings per share of 39 fils for the same period in 2024.
The total comprehensive income for Q3 2025 stood at BD67.5m versus total comprehensive income for the third quarter of 2024 of BD51m – up by 32pc YoY.
Gross profit for Q3 2025 was BD98m versus BD80.5m for the same period in 2024 – up by 22pc YoY. With regards to the revenue from contracts with customers in Q3 2025, Alba generated BD449.4m versus BD433.5m in Q3 2024 - up by 4pc YoY.
With regards to the nine months of 2025, Alba has reported a profit of BD110m ($292.4m), down by 25pc YoY, versus a profit of BD147.5m ($392.2m) for the same period in 2024.
The company reported basic and diluted earnings per share of 78 fils for the nine months of 2025 versus basic and diluted earnings per share of 104 fils for the same period in 2024.
Alba’s total comprehensive income for the nine months of 2025 was BD106m, down by 27pc YoY, compared to a total comprehensive income of BD145.3m in the same period of 2024.
Gross profit for the nine months of 2025 was BD190.7m versus BD234m in the same period of 2024 – down by 18pc YoY.
Alba generated in the nine months of 2025 revenue from contracts with customers of BD1,292.4m versus BD1,175m in the same period of 2024 - up by 10pc YoY.
Total equity as of September 30, 2025 stood at BD1,978m, up by 3pc versus BD1,924m as of end-2024. Alba’s total assets as of September 30, 2025 were BD2,635m versus BD2,673.4m as of end-2024 - down by 1pc.
Commenting on the company’s performance for the third quarter of 2025, Alba chairman Khalid Al Rumaihi said: “Alba’s Q3 performance with 23pc year-on-year profit growth, underscores our resilience and disciplined execution. We are not only delivering strong financial performance but also embedding sustainability across our operations, aligned with Bahrain’s 2060 Net-Zero Vision. Our priority is future-proofing Alba through capacity expansion, circularity, and innovation to ensure long-term value for our shareholders and stakeholders.”
Alba’s chief executive Ali Al Baqali added: “While market headwinds impacted nine-month profit, our revenue growth and progress on e-Al Hassalah savings reflect our ability to adapt and thrive. Beyond financials, achieving 41 million safe working hours and earning a 5-Star rating from the British Safety Council underlines our commitment to safety and people – the true drivers of our performance.”