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Egyptalum’s after-tax net profit soars in FY21-22

12 Aug 2022 16:20 reported by Joy Liu

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Egypt Aluminum (Egyptalum), the largest aluminum producer in Egypt, reported that its net profit after tax reached EGP 2.42 billion in the fiscal year 2021-2022 (July 1, 2021 to June 30, 2022), soaring by 8,482% compared to the previous year.

During the period, the revenues hiked by 27.5% year on year to around EGP 14.5 billion.

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