Aluminium Bahrain B.S.C. (Alba) announced on May 12 that its profit attributable to equity holders reached BD75.3 million (US$200.3 million) for the first quarter of 2026, marking a 316% increase compared to BD18.1 million (US$48.2 million) during the same period in 2025. The company reported basic and diluted earnings per share of fils 53 for the first quarter, up from fils 13 in the previous year.
The results highlight Alba’s ability to navigate challenging market conditions and operational disruptions while maintaining profitability. The company’s total comprehensive income attributable to equity holders rose by 353% year-over-year, reaching BD76.1 million (US$202.4 million). Total equity as of March 31 stood at BD2,098.7 million (US$5,581.5 million), a slight increase from December last year.
Chairman Khalid Al Rumaihi said: “Alba delivered a strong set of results in the first quarter, with Profit attributable to Equity holders increasing to BD75.3 million, reflecting disciplined execution and the inherent strength of the business. Despite lower volumes, our portfolio remained resilient, with Value-Added Products accounting for 71% of shipments – a clear demonstration of our focus on value over volume.” He added that strategic priorities include an agreement to acquire Aluminium Dunkerque which is expected to expand Alba’s international presence.
Chief Executive Officer Ali Al Baqali said: “Alba’s first-quarter performance underscores the resilience and flexibility of our operating model in a challenging external environment. While Net Finished Production and Sales Volumes dropped by 14% and 17% respectively, these movements were driven by constraints across key regional shipping corridors.
Our focus remains firmly on the safety of our people, maintaining operational efficiency, disciplined cost control, and reliable delivery while actively managing through external developments.”
Looking ahead, Alba stated that aluminium prices are expected to remain supported due to tightening supply conditions amid ongoing geopolitical uncertainty affecting supply chains and production capacity in key regions.
