Egyptalum earnings jump to EGP3.9 bln in 9 months

Egyptalum earnings increased by 132 percent during the first nine months of the current fiscal year, according to the company’s financial indicators showed on Wednesday.

The earnings went up to 3.9 billion pounds, in comparison to 1.6 billion during the same period the year before. The revenues rose to 14.7 billion pounds from last July to last March, compared to 10.7 billion during the same time of the fiscal year of 2021/2022.

The company’s shares increased to record 5.51 pounds per share, up from 2.37 pounds per share during that same period.