Alba discloses financial results for third quarter and 9 months

Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world’s largest aluminium smelter on one site, has reported a Profit of BD67.3 million (US$179 million) for the third quarter of 2025, up by 23% Year-over-Year (YoY), versus a Profit of BD54.5 million (US$145 million) for the same period in 2024. The Company reported Basic and Diluted Earnings per Share of fils 48 for Q3 2025 versus Basic and Diluted Earnings per Share of fils 39 for the same period in 2024. The Total Comprehensive Income for Q3 2025 stood at BD67.5 million (US$179.4 million) versus Total Comprehensive Income for the third quarter of 2024 of BD51 million (US$135.6 million) – up by 32% YoY. Gross Profit for Q3 2025 was BD98 million (US$260.8 million) versus BD80.5 million (US$214 million) for the same period in 2024 – up by 22% YoY. With regards to the Revenue from contracts with customers in Q3 2025, Alba generated BD449.4 million (US$1,195.3 million) versus BD433.5 million (US$1,152.8 million) in Q3 2024 - up by 4% YoY.

With regards to the nine months of 2025, Alba has reported a Profit of BD110 million (US$292.4 million), down by 25% YoY, versus a Profit of BD147.5 million (US$392.2 million) for the same period in 2024. The Company reported Basic and Diluted Earnings per Share of fils 78 for the nine months of 2025 versus Basic and Diluted Earnings per Share of fils 104 for the same period in 2024. Alba’s Total Comprehensive Income for the nine months of 2025 was BD106 million (US$282.2 million), down by 27% YoY, compared to a Total Comprehensive Income of BD145.3 million (US$386.5 million) in the same period of 2024. Gross Profit for the nine months of 2025 was BD190.7 million (US$507.2 million) versus BD234 million (US$622 million) in the same period of 2024 – down by 18% YoY. Alba generated in the nine months of 2025 Revenue from contracts with customers of BD1,292.4 million (US$3,437.3 million) versus BD1,175 million (US$3,125 million) in the same period of 2024 - up by 10% YoY. Total Equity as of 30 September 2025 stood at BD1,978 million (US$5,260.4 million), up by 3%, versus BD1,924 million (US$5,117 million) as of 31 December 2024. Alba’s Total Assets as of 30 September 2025 were BD2,635 million (US$7,008 million) versus BD2,673.4 million (US$7,110 million) as of 31 December 2024 - down by 1%. Commenting on the Company’s performance for the third quarter of 2025, the Chairman of Alba’s Board of Directors, Khalid Al Rumaihi stated: “Alba’s Q3 performance, 23% yearon-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 Officer, 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.” Alba Management will hold a conference call today at 3 PM to discuss the Company’s financial and operational performance for Q3 2025 and outline its strategic priorities moving forward.