Aluminium Extrusion Industries Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 673.99 million compared to NGN 655.99 million a year ago. Net income was NGN 3.26 million compared to net loss of NGN 11.53 million a year ago. Basic earnings per share from continuing operations was NGN 0.02.
For the nine months, sales was NGN 1,814.89 million compared to NGN 2,020.19 million a year ago. Net income was NGN 29.03 million compared to NGN 56.8 million a year ago. Basic earnings per share from continuing operations was NGN 0.13 compared to NGN 0.26 a year ago.