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Egypt Aluminum Company (Egyptalum), the largest aluminium producer in Egypt and Africa, reported Tuesday a 4,236 percent increase in its profits to reach to 1.3 billion pounds during the first eleven months of financial year 2016/2017.
Earlier, profits stood at 30.8 million pounds during the first eleven months of financial year 2015/2016.
Revenues jumped to 8.19 billion pounds, compared with 4.5 billion pounds , according to a bourse filing.
Meanwhile, net profit recorded 894.02 million during the first nine months of financial year 2016/2017.
