Arab Finance: The ordinary general meeting (OGM) of Egypt Aluminum Company approved a dividend distribution of EGP 16 per share for the fiscal year (FY) 2025/2026, according to a statement.
The distribution schedule indicates that the total amount allocated to shareholders amounts to EGP 6.600 billion, comprising EGP 5.929 billion for the holding company and EGP 670.745 million for other shareholders.
In FY2025/26, Egypt Aluminum logged net profits after tax amounting to EGP 15.491 billion, an annual leap of 52% from EGP 10.185 billion.
Revenues stood at EGP 52.137 billion in the 12-month period ended June 30, 2026, up 23% from EGP 43.183 billion.