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Top Middle East aluminium maker sees prices rising on demand

Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months. ....

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Emirates Global Aluminium announces net profit of $544mln for H1 2023

Emirates Global Aluminium announces net profit of $544mln for H1 2023
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Global energy transition will boost long-term demand for aluminium, EGA says

Global energy transition will boost long-term demand for aluminium, EGA says
thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.

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Emirates News Agency - EGA announces net profit of AED2.0 billion for H1 2023

ABU DHABI, 31st August, 2023 (WAM) Emirates Global Aluminium (EGA) today reported competitive financial performance for the aluminium sector in the first half of 2023, announcing a net profit of AED2.0 billion ($533 million).

EGA announced H1 2023 adjusted EBITDA of AED4.2 billion ($1.1 billion). EGA’s aluminium segment adjusted EBITDA margin was 27 percent, leading global industry peers.

The company also reported revenue of AED14.8 billion ($4 billion) compared to AED18.3 billion ($5 billion) in H1 2022.

EGA made an AED2.9 billion ($800 million). ....

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