Arab Aluminum’s OGM nods to EGP 0.08/share dividend payment for 2023

Updated 3/28/2024 1:06:00 PM
Arab Aluminum’s OGM nods to EGP 0.08/share dividend payment for 2023

Arab Finance: Arab Aluminum Company’s (AAC) ordinary general meeting (OGM) has decided to distribute cash dividends worth a total of EGP 3.479 million, equivalent to EGP 0.082 per share, for 2023, the firm disclosed on March 28th.

On February 28th, the company posted an 82.3% year-on-year (YoY) drop in net profit after tax during 2023.

AAC is an Egypt-based company that specializes 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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