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.
Also read: Egyptalum posts 89% Y-o-Y increase in its net profit during the nine months of FY2025
Dividend paid in October 2025
Additionally, the company has just announced a cash dividend of EGP 8 per share (USD 0.17 per share) for the fiscal year 2024/25. This payment is set to be made on October 16 and shareholders need to be aware that the record date to qualify for this dividend is October 13.
Comparing with FY2024-25
Last year, the firm announced a 9 per cent increase in its after-tax net profit for the fiscal year 2024/25, reaching an impressive EGP 10.18 billion (USD 213.8 million), up from EGP 9.32 billion (USD 195.7 million) the previous year. The company also saw significant revenue growth, which surged by 32 per cent to EGP 43.18 billion (USD 906.8 million), compared to EGP 32.81 billion (USD 688.9 million) in the prior period. Looking ahead, the firm aimed for a net profit of EGP 13.71 billion (USD 288 million) for FY 2025/26, although the company did mention that rising raw material and energy costs could pose challenges to maintaining its profit margins.
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