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217 Hawksbill turtles hatch at EGA's Al Taweelah beach bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
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.
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.