Cairo – Mubasher: Egypt Aluminum has achieved net profits of EGP 814.15 million in the first half (H1) of fiscal year (FY) 2021/2022, against net losses of EGP 341.3 million in the year-ago period.

The company generated EGP 6.69 billion revenues in the July-December period, up from EGP 5.01 billion in the same period of the earlier year, according to a bourse filing on Monday.

It is noteworthy to mention that in the first quarter (Q1) of FY21/22, the company turned to net profits of EGP 304.72 million, versus net losses of EGP 150.9 million in the prior-year period.