Alcoa announced its financial report on January 9, 2014 that the company posted a net loss of US$2.3 billion in the fourth quarter of 2013, a loss of US$2.19 per share, which was less than the net profit of US$257 million in the same period of the previous year. Excluding certain one-time items, Alcoa's quarterly adjusted earnings per share of $0.04 remained below analysts' expectations. The financial report shows that in the fourth quarter of 2013, Alcoa’s revenue was US$5.59 billion, a year-on-year decline of 5%, but better than market expectations. Throughout the 2013 fiscal year, Alcoa’s net loss was US$2.3 billion, which was lower than the net profit of US$162 million in the 2012 fiscal year. The annual revenue was US$23 billion, which was also lower than US$23.7 billion in the 2012 fiscal year. Excluding one-time items, Alcoa’s net profit for fiscal 2013 was US$357 million, or US$0.33 per share. Looking ahead to 2014, Alcoa stated that it is mainly driven by demand from commercial aircraft, and the global demand for aluminum in the aerospace industry is growing strongly. The aluminum demand growth rate for this sector will reach 7%-8% this year. In addition, it is expected that the demand for aluminum in the US automobile industry will increase by 2%-5% this year, European demand growth will be -1%-3%, and China's auto industry aluminum demand growth rate will reach 6-10% . Cat Pressure Sensor,Top Auto Sensors,Excavator Pressure Sensor,Excavator Engine Oil Pressure Sensor Wenzhou Yuanda Electronic Technology Co., Ltd , https://www.wzyddz.com