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Arab Aluminum posts EGP 4.15m profits in 9M

Arab Aluminum posts EGP 4.15m profits in 9M
Arab Aluminum posts EGP 4.15m profits in 9M
Arab Aluminum
ALUM
-1.78% 28.89 -0.53

Cairo – Mubasher: Arab Aluminum reported an increase of 726% in net profits for the nine - month period ended September 2016.

The company posted net profits of EGP 4.15 million for the first nine months of 2016, up from EGP 502,000 a year earlier.

The company registered revenues of EGP 149 million for the first nine months of 2016, down from EGP 159 million for the comparable period of the previous year.