Alumina Limited
(ASX:AWC) reports a surge in net profit of 357 per cent to US$122 million in the first half of the 2015 financial year.
The miner noted continued strength in its balance sheet, alongside an increase in free cash flow, as demand for aluminium grew in the first half of 2015.
Revenues for the company also increased to US$2.88 billion from US$2.8 billion the previous period.
The company has provided production guidance of 15.3mt of alumina for the second half.
Alumina has declared a fully franked interim dividend of US 4.5 cents.
