Top 50 Listed Companies
In Egypt 2022
45. Egypt Aluminum (Egyptalum)
Sector: Industrials
Managing Director: Mahmoud Aly Salem
Market value: $444 million
Sales: $611 million
Profits: $2 million
Assets: $528 million
Egypt Aluminum started as a small factory with six pot rooms. Today, it has 12 pot rooms and total production capacity of 320,000 tons annually. The company plans to increase its production by 250,000 tons per year, with a targeted total annual production of 570,000 tons in 2022. In 2021, exports accounted for 66% of its sales. The Holding Company for Metallurgical Industries is its main shareholder with a stake of 89.8%.