Manama: Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has announced its financial results for the third quarter of 2025, revealing a profit of BD67.3 million (US$179 million), which marks a 23% increase compared to the same period in 2024 when the profit was BD54.5 million (US$145 million).
According to Bahrain News Agency, the company reported Basic and Diluted Earnings per Share of fils 48 for the third quarter of 2025, an increase from fils 39 during the same period in the previous year. The Total Comprehensive Income for the third quarter of 2025 reached BD67.5 million (US$179.4 million), reflecting a 32% year-over-year growth compared to BD51 million (US$135.6 million) in 2024. The Gross Profit for the third quarter was BD98 million (US$260.8 million), a 22% increase from BD80.5 million (US$214 million) in 2024. Revenue from contracts with customers in Q3 2025 stood at BD449.4 million (US$1,195.3 million), up by 4% from BD433.5 million (US$1,152.8 million) in Q3 2024.
For the nine months of 2025, Alba reported a profit of BD110 million (US$292.4 million), which is a 25% decrease compared to BD147.5 million (US$392.2 million) in the same period of 2024. Basic and Diluted Earnings per Share for the nine months were fils 78, down from fils 104 in 2024. The Total Comprehensive Income for the nine months was BD106 million (US$282.2 million), a 27% decrease from BD145.3 million (US$386.5 million) in 2024. Gross Profit for the period was BD190.7 million (US$507.2 million), reflecting an 18% decrease from BD234 million (US$622 million) in 2024, while Revenue from contracts with customers increased by 10% to BD1,292.4 million (US$3,437.3 million) from BD1,175 million (US$3,125 million) in 2024.
As of September 30, 2025, Alba's Total Equity was BD1,978 million (US$5,260.4 million), a 3% rise from BD1,924 million (US$5,117 million) as of December 31, 2024. The Total Assets as of September 30, 2025, were BD2,635 million (US$7,008 million), down by 1% from BD2,673.4 million (US$7,110 million) as of December 31, 2024.
Khalid Al Rumaihi, Chairman of Alba's Board of Directors, stated that the company's performance in Q3, with a 23% profit growth, highlights its resilience and disciplined execution, aligning with Bahrain's 2060 Net-Zero Vision. Ali Al Baqali, Alba's CEO, emphasized the company's adaptability and commitment to safety, noting achievements such as 41 million safe working hours and a 5-Star rating from the British Safety Council.
Alba's management plans to hold a conference call on Wednesday, November 12, at 3 PM Bahrain Time to discuss the financial and operational performance for Q3 2025 and outline future strategic priorities.