Arab Finance: Indicators showed the company’s business results Egypt Aluminum (EGAL)According to the amended, unaudited report for the fiscal year ending on 06/30/2024, a net profit amounted to 9,324,234,387 pounds, compared to profits amounting to 3,691,336,550 pounds during the comparative period of the previous fiscal year, with a change rate of 60%, according to statement Egyptian Stock Exchange.
About the indicators of its unaudited business results for the period from 01/07/2023 until 30/06/2024which showed achieving a net profit of 9.348 billion pounds, compared to a net profit of 3.691 billion pounds for the same period of the previous year, with a growth rate of 61%.
The company was established in 1976 and its purpose is to produce, distribute and market aluminum metal, its raw materials, supplies, alloys, derivatives and artifacts at home and abroad. It also carries out other activities in real estate or financial investments and can be a securities portfolio. The company also follows the utmost levels of quality and keeps pace with every development in the aluminum industry in which it operates. It is placed among the ranks of major international companies specialized in this field through continuous improvement and diversification in production and meeting the demands of our customers abroad and at home.
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