Egypt Aluminum
EGAL
-2.76%
93.35
-2.65
EGAL
Cairo – Mubasher: The ordinary general meeting (OGM) of Egypt Aluminum approved the planned budget for fiscal year (FY) 2021/2022.
The company targets EGP 138.39 million in net profits and EGP 493.22 million in investments in the coming fiscal year, according to a bourse disclosure on Tuesday.
During the first nine months of FY20/21, Egypt Aluminum suffered net losses of EGP 347.72 million, down from EGP 1.02 billion in the corresponding period a year earlier.
Source:
Mubasher