Maxxam Inc.: The Houston-based aluminum, forest products...
From Times Staff and Wire Reports
Maxxam Inc.: The Houston-based aluminum, forest products and real estate management and development firm said second-quarter net income fell 70% to $17.5 million, or $1.85 per share, while revenue dipped 5% to $577.5 million. The firm said the lower results were primarily because of lower realized prices for alumina and fabricated aluminum products at its Kaiser Aluminum unit.
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