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Home Markets Equities Company Results

Aluminium Extrusion Industries Plc posts N149.38 million profit in FY 2020.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 29, 2021
in Company Results, Markets
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Aluminium Extrusion Industries Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N2.33 billion. (-10.7% YoY)
  • The cost of sales was N2.06 billion. (-10.4% YoY)
  • Gross profit was N267.55 million. (-12.8% YoY)
  • Administrative and finance cost totaled N167.58 million. (-13.9% YoY)
  • Profit for the year was N149.38 million. (+133.6% YoY)
  • Earnings per share of 68 kobo vs 29 kobo YoY.
  • No dividend announcement was made.

See link to results.


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Tags: Aluminium Extrusion Industries PlcCompany Financial Results
Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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