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MAL expects 45 billion revenue

Magyar Alumínium (MAL) projects sales revenue of Ft 45 billion this year compared to Ft 43.7 billion in 2004, the company announced on Tuesday. The company expects pre-tax profit of Ft 122 million, level with last year's figure. MAL produces alumina, aluminium and semi-finished aluminium products. The company was formed in 1995 through the merger of several recently privatized aluminium companies.