Aluminium Extrusion Industries Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 495.6 million compared to NGN 608.4 million a year ago. Net loss was NGN 44.31 million compared to net income of NGN 16.52 million a year ago. Basic loss per share from continuing operations was NGN 0.2 compared to basic earnings per share from continuing operations of NGN 0.08 a year ago.
For the six months, sales was NGN 991.2 million compared to NGN 1,140.9 million a year ago. Net loss was NGN 88.61 million compared to net income of NGN 27.77 million a year ago. Basic loss per share from continuing operations was NGN 0.4 compared to basic earnings per share from continuing operations of NGN 0.13 a year ago.