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EGX says Arab Aluminum’s 566,551 shares block traded

EGX says Arab Aluminum’s 566,551 shares block traded

ArabFinance:  The Egyptian Exchange (EGX) announced block trading on 566,551 issued shares of Arab Aluminum Company (AAC) (ALUM) EGP 13,665,210, according to the EGX’s disclosure on September 28th.

The company posted a net profit reached EGP 3.912 million in the first half (H1) of 2020, an 8.7% decrease from EGP 4.287 million achieved in H1 2019.

The company distributed cash dividends of EGP 1 per share on April 30th to the shareholders recorded on April 5th.

AAC is an Egypt-based company that specializes in extruding aluminum profiles for architectural and industrial applications. The company undertakes the activities of aluminum billet casting, dies, extrusion, alloys, painting and anodizing.

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