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Argentina’s Aluar Quarterly Profit Falls to 76 Million Pesos

By Rodrigo Orihuela

Nov. 11 (Bloomberg) -- Aluar Aluminio Argentino SAIC, Argentina’s biggest aluminum maker, posted a profit of 76 million pesos ($19.9 million) for the quarter ended Sept. 30.

Net income was 98 million pesos in the year-earlier period, the Buenos Aires-based company said in a statement today on the stock exchange’s Web site. Sales fell to 952 million pesos from 1.01 billion.

To contact the reporter on this story: Rodrigo Orihuela in Buenos Aires at rorihuela@bloomberg.net.

Last Updated: November 11, 2009 12:33 EST

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