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Alcoa earnings boosted by aluminium price

New York-listed Alcoa posted record first quarter results and expects further gains this quarter on firmer alumina and aluminium prices.

Alcoa earnings boosted by aluminium price Alcoa earnings boosted by aluminium price Alcoa earnings boosted by aluminium price Alcoa earnings boosted by aluminium price Alcoa earnings boosted by aluminium price

Alcoa enjoys higher aluminium prices

Adjusted net income for the first quarter of this year increased 285% to US$577 million from $150 million a year earlier.

Adjusted earnings per share increased to $3.06 from $0.