Full Year 2019 Alumina Ltd Earnings Call Transcript

Feb 12, 2024

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Feb 24, 2020 / 11:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Alumina full year results conference call. (Operator Instructions) Please be advised that today's conference is being recorded. And our presenters for today are Grant Dempsey, Chief Financial Officer; and Mike Ferraro, Chief Executive Officer.

And now I would like to hand the conference over to your first speaker today, Mr. Mike Ferraro. Thank you. Please go ahead, sir.

Michael Peter Ferraro - Alumina Limited - MD, CEO & Executive Director

Good morning, everyone. Welcome to Alumina Limited's Results Presentation for the 2019 Full Year. Before I proceed any further, please note the disclaimer.

Alumina Limited had a strong year in 2019. Net profit after tax was $214 million. Excluding significant items, the net profit after tax was $327 million. The major impact on profit was lower API prices. The company declared a fully franked dividend of USD 0.036 per share, bringing the full year dividend to USD 0.08 per share. This was on the back of record production at AWAC's

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