Egypt's ambitious metal industry expansion plan to be realised with E£2.9 billion investment

Financial Triumphs: Egyptalum's stellar performance

The financial landscape of Egyptalum reflects remarkable success in H1 FY2023-24. The net profits after tax for this period, concluding on December 31, witnessed a staggering surge, catapulting to EGP 3.43 billion—a remarkable 101% increase from the previous year's EGP 1.70 billion.

During the same fiscal period, Egyptalum experienced a commendable growth trajectory. Revenues soared by 60%, reaching EGP 13.38 billion from EGP 8.35 billion. Earnings per share mirrored this upward trend, escalating from EGP 2.40 to EGP 4.83.