Cairo - Mubasher: The board members of Egypt Aluminum approved, during its 14 April 2026 meeting, its estimated budget for fiscal year (FY) 2026/2027.
The EGX-listed company targets EGP 11.15 billion in net profit after tax as of 30 June 2027, according to a bourse filing.
Moreover, the total sales are expected to reach EGP 48.21 billion in the next FY. The company also greenlighted an investment budget amounting to EGP 3.60 billion.
During the first quarter (Q1) of FY25/26, Egypt Aluminum posted an annual drop of 43% in net profits after tax to EGP 2.41 billion, versus EGP 4.23 billion.
