Aluminium Extrusion Industries Plc reports net loss of N11.53 million in Q3 2021

Aluminium Extrusion Industries Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

  • Revenue during the period was N655.99 million. (+185.51% YoY)
  • Cost of sales stood at N603.87 million. (+288.40% YoY)
  • Gross profit for the period was N52.12 million. (-29.83% YoY)
  • Administrative and Finance cost of N57.96 million was recorded. (+42.41% YoY)
  • Loss for the period stood at N11.53 million (-127.82%)
  • Total assets during the period stood at N2.55 billion. (-20.52 Mn YtD)
  • Earnings per share of 0 kobo Vs 19 kobo YoY.

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