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The company undertakes the activities of aluminum billet casting, dies, extrusion, alloys, painting, and anodizing

ArabFinance: Egypt Aluminum (Egyptalum) (EGAL) has signed a contract with Consulting Engineering Group (CEGMAN) to conduct a feasibility study for the car rims production line project, according to a statement filed to the Egyptian Exchange (EGX).

It is worth noting that Egypt Aluminum reported it achieved a net profit after tax of EGP 304.718 million for the first quarter (Q1) of fiscal year (FY) 2021/2022, against a net loss of EGP 150.97 million in Q1 FY 2020/2021.

Egyptalum is an Egypt-based company specialized in extruding aluminum profiles for architectural and industrial applications. The company undertakes the activities of aluminum billet casting, dies, extrusion, alloys, painting, and anodizing.

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