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Tuesday, 24 November 2009 03:21 UAE time

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Dubai Aluminium sees Q2 sales increase by 5%

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 02 August 2009
SALES RISE: Dubai Aluminium on Sunday reported a second quarter sales increase of five percent. (Getty Images)
SALES RISE: Dubai Aluminium on Sunday reported a second quarter sales increase of five percent. (Getty Images)

The UAE's Dubai Aluminium Co (Dubal) said on Sunday that sales rose five percent in the second quarter as demand remained strong in Asia and the Middle East.

Sales volumes for the second quarter were 275,055 metric tonnes, compared to 261,972 metric tonnes in the same period last year, state-owned Dubal said in an email to Reuters.

The company said in May that it expected sales to fall 20 percent in the second quarter, amid high global inventories. (Reuters)


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