Egyptalum Earned EGP 15.4 Billion in One Year, CEO Says

Egypt for Aluminum recorded profits of EGP 15.4 billion in a single year, according to its chief executive and managing director, Mahmoud Agour.

Agour described the company, also known as Egyptalum, as a government success story, pointing to its annual earnings.

Egyptalum is part of the Holding Company for Metallurgical Industries. Agour made the remarks in an interview discussing the company’s performance.

The available summary did not specify the financial year covered by the profit figure or provide a comparison with the previous year. It also did not detail the factors behind the earnings.