Egypt Aluminum

"Egypt Aluminum" aims to invest LE 493M during 2021/2022

Tue, 04 May 2021 - 02:15 GMT

The Ordinary General Assembly of Egypt Aluminum Company approved the draft estimated budget for the current activity for the fiscal year 2021-2022, with a net profit of LE 138.39 million.

Egypt Aluminum targets LE138M in profits in revised 2021/2022 budget

Wed, 21 Apr 2021 - 02:53 GMT

The company targets total sales during the next fiscal year of LE 11.29 billion, compared to sales of the approved plan for the current fiscal year amounting to LE 10.53 billion, and sales expected to be achieved worth LE 10.21 billion in the current fiscal year.

Egypt Aluminum’s net profits soar in Q1 of FY 2017/18

Sun, 29 Oct 2017 - 05:06 GMT

The company’s sales registered LE 3.1 billion between July and September, compared to LE 1.5 billion in the corresponding period last year.

Business news wrap-up

Tue, 12 Sep 2017 - 05:48 GMT

A wrap-up for the most prominent news circulated during the day.

Egypt Aluminum to raise capital by LE 4B

Tue, 12 Sep 2017 - 11:11 GMT

The company is conducting financial and economic studies for an expansion project with a production capacity of 250,000 tons per year.

EGX ends on a collective rise, gains LE 883M liquidity

Thu, 03 Aug 2017 - 01:09 GMT

EGX ended Thursday in the green. The main index added 0.06 percent. Market capital gained LE 2.9 billion ($162.9 million), while turnover reached LE 883 million.

Egypt Aluminum posts LE 1.3B profits in 11 months

Tue, 04 Jul 2017 - 11:58 GMT

Egypt Aluminum’s earnings are expected to rise to more than LE 1.5 billion by the end of the fiscal year 2016/17 for the first time in the company’s history.