Cairo – Mubasher: Egypt Aluminum posted on Tuesday a rise of 4,236% in its profits for the first eleven months of fiscal year 2016/2017 to EGP 1.3 billion, versus EGP 30.8 million for the same period of FY15/16.
Revenues for the first eleven months of FY16/17 increased to EGP 8.19 billion from EGP 4.5 billion for the same period last year, according to a bourse filing.
The company had earlier reported a net profit of EGP 894.02 million for the first nine months of FY16/17.
