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Arab Aluminum’s net profit levels up 18.2% YoY in 6 months

Arab Aluminum’s net profit levels up 18.2% YoY in 6 months

Arab FinanceArab Aluminum Company (AAC) (ALUM) recorded an 18.2% year-on-year (YoY) growth in net profit after tax during the first six months of 2022, registering EGP 15.026 million, according to financial indicators filed to the Egyptian Exchange (EGX) on Tuesday.

Revenue reached EGP 203.509 million from January until the end of June, up from EGP 193.415 million the year before.

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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