Metal manufacturer Alcoa (NYSE: AA), New York, NY, reported sales for 2017 of $11.7 billion, an increase of 25 percent compared to the prior year. Alcoa reported a profit of $217 million for the year, compared to a loss of $400 million in 2016.
For the fourth quarter, sales were $3.2 billion, an increase of 25.1 percent compared to the same period a year ago. Alcoa reported a profit of $113 million for the quarter, compared to a loss of $125 million the prior year.
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