A summary of Kaiser Aluminum's fourth-quarter and full-year 2020 earnings results, published on Wednesday February 24.
Fourth-quarter results in briefKaiser's fourth-quarter 2020 net sales were $272 million, up by 6.25% from the previous quarter's net sales of $256 million but down by 26.29% from $369 million in the fourth quarter of 2019. The company reported net income of $6 million, up significantly from $400,000 in the preceding quarter and from an $11-million loss in the fourth quarter of 2019. Shipments in the quarter totaled 119 million pounds, up 9.17% from 109 million pounds in the previous quarter but down by 22.22% year on year from 153 million pounds in the same...