Egyptalum or Egypt Aluminum, the largest aluminium producer in Egypt and a key player in Africa’s industry, has announced a significant 43 per cent drop in net profits for the first quarter of FY2025/26 compared to last year.
Net profit
According to its most recent financial report, the Egypt-based company has seen a significant drop in net profit after tax, plummeting by 43 per cent year-on-year. In the first quarter of FY2025/26, their profit fell to EGP 2.415 billion (USD 50.7 million), down from EGP 4.232 billion (USD 88.9 million) during the same period last year.
Earnings per share
The company has announced its basic earnings per share (EPS) for the first quarter of FY2025/26, which stands at EGP 5.86 (USD 0.12). This represents a notable drop compared to EGP 10.26 (USD 0.22) from the same quarter last year.
Net sales
The firm also saw a slight dip in net sales, with a year-on-year decrease of 0.07 per cent. As of September 2025, their sales totalled EGP 11.326 billion (USD 238 million), down from EGP 11.334 billion (USD 238 million) during the same period last year.