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 revenues levelled up to EGP 3.33 billion in the July-September period of 2021, compared to EGP 2.18 billion in the same period in 2020, the company said in a bourse disclosure on Monday.
In FY20/21, the company posted net profits of EGP 28.27 million, against net losses of EGP 1.67 billion in FY19/20.
