Kaiser’s net skyrockets fivefold in 2d quarter
Jul 26, 2012 | 11:22 AM
| Suzy Waite
Tags
Kaiser Aluminum,
Jack Hockema,
Trentwood facility,
Suzy Waite
NEW YORK — Kaiser Aluminum Corp.’s net income skyrocketed in the second quarter compared with the same year-ago period, largely due to solid demand in the aerospace and automotive industries.
The Foothill Ranch, Calif.-based company posted net income of $21 million for the three months ended June 30, more than five times the $4.1 million recorded in the second quarter of 2011, on sales that gained 1.9 percent to $345.2 million from $338.8 million.....
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