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.