Emirates Global Aluminum (EGA) has reported $473.7m in profits for the first half of 2021 — the strongest ever since the company's foundation back in 2013. Just 12 months ago, EGA reported a $57m loss for the same period (talk about an impressive comeback). The revenue numbers are also looking good, with $2.9b earned in H1 of 2021, compared to $2.6b cashed in H1 of 2020.
The company's CEO, Abdulnasser Bin Kalban, is now hinting at a potential IPO — "Our performance will continue to improve, making EGA increasingly attractive should our shareholders decide to proceed with an IPO."