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US Alcoa posts net loss in Q1
(MENAFN) USA-based Alcoa Inc. posted a net loss in the first quarter of the current year on the back of heavy restructuring expenses, according to Arab News
Alcoa reported a USD178 million net loss during the quarter compared to USD149 million net profit in the same quarter 2012
Alcoa earned USD98 million excluding charges. Chairman and chief executive Klaus Kleinfeld said: "Our transformation is accelerating,"
Alcoa decreased capacity due to an eight percent drop in aluminum prices in the face of global overcapacity of the industrial metal
Alcoa reported a USD178 million net loss during the quarter compared to USD149 million net profit in the same quarter 2012
Alcoa earned USD98 million excluding charges. Chairman and chief executive Klaus Kleinfeld said: "Our transformation is accelerating,"
Alcoa decreased capacity due to an eight percent drop in aluminum prices in the face of global overcapacity of the industrial metal
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