Aluminium Extrusion Industries Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 608.4 million compared to NGN 682.1 million a year ago. Net income was NGN 16.52 million compared to NGN 33.63 million a year ago. Basic earnings per share from continuing operations was NGN 0.075 compared to NGN 0.16 a year ago.
For the six months, sales was NGN 1,140.9 million compared to NGN 1,364.2 million a year ago. Net income was NGN 27.77 million compared to NGN 68.33 million a year ago. Basic earnings per share from continuing operations was NGN 0.13 compared to NGN 0.31 a year ago.