Aluminium Bahrain (Alba) reported that its net profit for the third quarter decreased by 72.5% year-on-year.
November 11, 2026
The company's net profit attributable to shareholders for the third quarter was 18.5 million Bahrain dinars (approximately 49.05 million US dollars). Chief Executive Officer Ali Al Baqali stated in a statement: "Our current top priority is to safely achieve full production of the 4th production line while ensuring the stable operation of the smelter, the integrity of assets, and the resilience of the supply chain." The information shows that Alba's net profit for the third quarter decreased by 72.5% year-on-year. The CEO said the current top priority is to safely achieve full production of the 4th production line while ensuring the stable operation of the smelter, the integrity of assets, and the resilience of the supply chain.
According to estimates, Alba's sales volume in the third quarter decreased by 26% compared to the previous quarter, although production volume increased during the same period. Alba said on Tuesday that due to disruptions caused by the war in Iran, its aluminum product sales for the first nine months of 2026 were 800,792 tons, a 33% decrease year-on-year. This also means that the company's sales volume in the third quarter was 207,430 tons, a decline from 280,799 tons in the second quarter. In terms of production, after being attacked by Iran in late March, Alba managed to increase its production in the third quarter to 214,192 tons, a 38% increase compared to the second quarter (April to June). Due to the closure of the Strait of Hormuz, the company was forced to switch to new shipping routes to import raw materials and transport metal products to export markets. Previously, the blockade of the Strait also led Alba to shut down the 1st, 2nd, and 3rd smelting production lines in March.
