Alumina First Half 2023 Earnings: US$0.015 loss per share (vs US$0.058 profit in 1H 2022)
Alumina (ASX:AWC) First Half 2023 Results
Key Financial Results
Net loss: US$42.9m (down by 126% from US$167.9m profit in 1H 2022).
US$0.015 loss per share (down from US$0.058 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alumina Earnings Insights
Looking ahead, revenue is expected to decline by 78% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 2.5%.
Performance of the Australian Metals and Mining industry.
The company's shares are down 14% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Alumina that you should be aware of.
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