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Egypt Aluminum board ratifies earnings of LE1.9 bln ending March 2018

Egypt Aluminum board ratifies earnings of LE1.9 bln ending March 2018

ArabFinance: Egypt Aluminum (EGAL) announced in a statement sent to EGX, the Board of Directors was held on April 26.

The company's BoD approved unaudited financial results for the fiscal period starting July 01, 2017 and ending March 31, 2018, which revealed posting after-tax profits of LE1.869,961 billion, versus net profits of LE894.017 million a year earlier, representing 109% growth.

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