Ormet income rises almost 250% on tax benefit in 2011
Mar 20, 2012 | 05:51 AM
|
Ormet Aluminium posted a net income of $137.6 million in 2011, almost 250% above its 2010 figure of $39.8 million, after the reversal of tax valuation allowances saw the company post an income tax benefit of $108.4 million.
“At the end of the second quarter of 2011, company management revised the estimate of the likelihood of....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here