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19 July 01:42 AM

Egypt Aluminum (EGAL)

Last update: 17 July 01:26 PM market time.
177.11
1.15
0.65%
Open 175.85
Previous Close 175.85
High 178.95
Low 175.85
Stock Statistics
Volume 163,132
Turnover 28,971,562.00
All data are 15 minutes late during market session

News

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28 May 02:54 PM Egypt Aluminum targets EGP 13.7bn profits in FY25/26
Cairo – Mubasher:  The shareholders of Egypt Aluminum greenlighted the estimated budget for fiscal year (FY) 2025/2026, targeting net profits valued at EGP 13.71 billion.  The ordinary general meeting (OGM) passed the capital budget with a value …
Financial Results
Photo Archive
16 March 03:27 PM Norwegian firm Scatec pens deal with Egypt Aluminum for $750m solar plant
Cairo – Mubasher: Norwegian company Scatec inked a power purchase agreement with Egypt Aluminum to establish a 1 GW solar plant at a total cost of $750 million. The Norwegian renewables firm will secure $563 million, representing 75% of the total …
Companies Investments
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14 November 2024 02:46 PM Egypt Aluminum’s profits leap 160% in Q1-24/25
Cairo – Mubasher: Egypt Aluminum posted 160% higher net profits after tax at EGP 4.23 billion in the first quarter (Q1) of fiscal year (FY) 2024/2025, compared to EGP 1.63 billion in Q1-23/24. Revenues hit EGP 11.33 billion in Q1-24/25, marking an …
Financial Results
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2 October 2024 03:27 PM Egypt Aluminum unveils cash dividends for FY23/24
Cairo – Mubasher: Egypt Aluminum announced the board’s proposal to pay a cash dividend of EGP 3 per share for fiscal year (FY) 2023/2024, according to a bourse disclosure. Net distributable profits amounted to EGP 6.35 billion during the 12-month …
Cash Dividends
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30 September 2024 01:25 PM Egypt Aluminum logs EGP 9.3bn net profits in FY23/24
Cairo – Mubasher: The net profits after tax of Egypt Aluminum increased by 60% year-on-year (YoY) to EGP 9.32 billion in fiscal year (FY) 2023/2024 from EGP 3.69 billion. Revenues amounted to EGP 32.81 billion as of 30 June 2024, an annual surge …
Financial Results
Photo Archive
30 April 2024 09:48 AM Egypt Aluminum’s net profit soars 33% YoY in 9M-23/24
Cairo – Mubasher: Egypt Aluminum recorded a 33% year-on-year (YoY) surge in net profit after tax to EGP 5.22 billion during the first nine months (9M) of the fiscal year (FY) 2023/2024, versus EGP 3.91 billion. Revenues jumped 52% YoY to EGP 22.46 …
Financial Results
Photo Archive
3 March 2024 00:18 PM Egypt Aluminum targets over EGP 4bn profits in FY24/25
Cairo – Mubasher: Egypt Aluminum is expecting to achieve a net profit of EGP 4.26 billion during the fiscal year (FY) 2024/2025, down from EGP 4.85 billion estimated in FY2023/2024. The company seeks to generate EGP 26.69 billion in total sales …
Financial Results
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20 February 2024 05:30 PM Egypt Aluminum, Scatec ink agreement to build 1 GW solar power plant
Cairo – Mubasher: Egypt Aluminum has signed an agreement with Norwegian company Scatec ASA to build a 1 gigawatt (GW) solar power plant in the Industrial Complex in Naga Hammadi. Under the agreement, the plant will be built in two phases each has …
Companies Investments
Photo Archive
31 January 2024 11:33 AM Egypt Aluminum’s net profits leap 101% in H1-23/24
Cairo – Mubasher: Egypt Aluminum posted net profits after tax valued at EGP 3.43 billion in the first half (H1) of fiscal year (FY) 2023/2024, an annual leap of 101% from EGP 1.70 billion. The revenues hiked by 60% to EGP 13.38 billion in H1-23/24 …
Financial Results
Photo Archive
9 November 2023 01:58 PM Egypt Aluminum logs higher profits in Q1-23/24 at EGP 1.63bn
Cairo – Mubasher: The net profits after tax of Egypt Aluminum amounted to EGP 1.63 billion in the first quarter (Q1) of fiscal year (FY) 2023/2024, up 61% year-on-year (YoY)  from EGP 642.63 million. Revenues surged by 42% YoY to EGP 5.99 billion …
Financial Results
Photo Archive
28 August 2023 11:45 AM Egypt Aluminum records leap in FY22/23 financial results
Cairo – Mubasher: Egypt Aluminum posted a year-on-year (YoY) surge in net profit after tax to EGP 3.69 billion during fiscal year (FY) 2022/2023, compared to EGP 2.50 billion. The revenues amounted to EGP 22.04 billion during the July 2022- June …
Financial Results
Photo Archive
4 May 2023 09:50 AM Egypt Aluminum generates higher profits at EGP 3.91bn in 9M-22/23
Cairo – Mubasher: Egypt Aluminum recorded net profits after tax amounting to EGP 3.91 billion during the first nine months (9M) of fiscal year (FY) 2022/2023, an annual leap from EGP 1.68 billion. The sales enlarged to EGP 14.75 billion in …
Financial Results
Photo Archive
9 April 2023 03:26 PM Egypt Aluminum targets EGP 3.12bn profits in FY23/24
Cairo – Mubasher: Egypt Aluminum plans to achieve EGP 3.12 billion in net profit after tax during fiscal year (FY) 2023/2024, compared to EGP 3.02 billion in FY22/23, according to a bourse filing. The EGX-listed firm also aims to generate sales …
Financial Results
Photo Archive
31 January 2023 04:18 PM Egypt Aluminum’s profits leap to EGP 1.7bn in H1-22/23
Cairo – Mubasher: Egypt Aluminum posted a hike in net profit after tax to EGP 1.70 billion during the first half (H1) of fiscal year (FY) 2022/2023, compared to EGP 814.15 million in H1-21/22. Earnings per share (EPS) increased to EGP 2.40 in …
Financial Results
Photo Archive
31 October 2022 01:26 PM Egypt Aluminum sees higher profits in Q1-FY22/23 unadjusted results
Cairo – Mubasher: The unaudited financial statements of Egypt Aluminum showed an annual 110.80% rise in net profits during the first quarter (Q1) of fiscal year (FY) 2022/2023 to EGP 642.63 million, compared to EGP 304.71 million. Basic earnings …
Financial Results
Photo Archive
7 September 2022 10:37 AM Egypt Aluminum to offer 65% of capital hike to Arab sovereign fund
Cairo – Mubasher: Egypt Aluminum announced that it will offer 65% of the restoration cost, totaling $300 million ($200 million), to an Arab sovereign fund. This will be done by increasing the company’s capital to finance its development and …
Companies Investments
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21 August 2022 01:51 PM Egypt Aluminum, EMPC reply to news reporting PIF’s potential investment
Cairo – Mubasher: Egypt Aluminum and the Egyptian Media Production City Company (EMPC) have made two statements on Sunday in line with the news reporting that Saudi Arabia’s Public Investment Fund (PIF) aims to invest in the two companies. Egypt …
Companies Investments
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10 August 2022 03:20 PM Egypt Aluminum’s profit surpasses EGP 2bn in FY21/22
Cairo – Mubasher: Net profits of Egypt Aluminum amounted to EGP 2.42 billion during fiscal year (FY) 2021/2022, according to a stock exchange statement on Wednesday. This is compared to profits of EGP 28.27 million during the twelve-month period …
Financial Results
Photo Archive
8 May 2022 01:07 PM Egypt Aluminum swings to profits in 9M-FY21/22
Cairo – Mubasher: Egypt Aluminum turned profitable in the first nine months (9M) of fiscal year (FY) 2021/2022, logging net profits after tax worth EGP 1.68 billion, versus net losses of EGP 347.72 million in the year-ago period. During the …
Financial Results
Photo Archive
7 March 2022 01:04 PM Egypt Aluminum targets EGP 1.22bn investments in FY22/23
Cairo – Mubasher: Egypt Aluminum targets EGP 1.22 billion investments in fiscal year (FY) 2022/2023. The board has approved the initial results of the company's draft budget for FY22/23 with EGP 1.26 billion net profits, according to a bourse …
Companies Investments
Photo Archive
31 January 2022 00:38 PM Egypt Aluminum turns to profitability in H1-21/22
Cairo – Mubasher: Egypt Aluminum has achieved net profits of EGP 814.15 million in the first half (H1) of fiscal year (FY) 2021/2022, against net losses of EGP 341.3 million in the year-ago period. The company generated EGP 6.69 billion revenues …
Financial Results
The revenues levelled up to EGP 3.33 billion
1 November 2021 00:21 PM Egypt Aluminum swings to profits in Q1-21/22 initial financials
Cairo – Mubasher: Egypt Aluminum turned to net profits of EGP 304.72 million in the first quarter (Q1) of fiscal year (FY) 2021/2022, versus net losses of EGP 150.9 million in the prior-year period, the unaudited financial results showed.  The …
Financial Results
The company's revenues rose to EGP 11.36 billion
23 September 2021 10:55 AM Egypt Aluminum turns to profit in FY20/21 adjusted financials
Cairo – Mubasher: Egypt Aluminum turned to net profits of EGP 28.27 million during fiscal year (FY) 2020/2021, against net losses of EGP 1.67 billion in FY19/20, the adjusted unaudited financial results showed.  The company's revenues rose to EGP …
Financial Results
Production at other lines was not halted.
8 September 2021 00:34 PM Egypt Aluminum puts out fire at Nagaa Hammadi factory
Cairo – Mubasher: Egypt Aluminum announced that a minor fire broke out due to a malfunction in the rolling line at its aluminium factory in Nagaa Hammadi on Tuesday.  The fire was controlled and put out by the automatic fire extinguishing system …
Company News
The company's revenues surged to EGP 11.36 billion in the year ended 30 June
11 August 2021 01:47 PM Egypt Aluminum swings to profit in FY20/21 initial financials
Cairo – Mubasher: Egypt Aluminum turned to net profits of EGP 27.53 million during fiscal year (FY) 2020/2021, versus net losses of EGP 1.67 billion in FY19/20, the unaudited financial results showed.  The company's revenues surged to EGP 11.36 …
Financial Results