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Ghana Stock Exchange

Last update 29 Sep 2023

Aluworks Ltd · ALW.GH

Ghana · Materials · Metals & Mining · GHS

Price history

Aluworks Ltd is a Ghanaian aluminium continuous casting and cold rolling company based in Tema. The company produces and sells semi-finished flat-rolled aluminium products used by customers in building, construction, household, packaging and light industrial applications in Ghana and West Africa. Its product range includes aluminium sheets in coil, slit coils, flat sheets, discs, corrugated sheets, ridges, louver blades and other rolled or formed aluminium products. Aluworks' business model depends on access to aluminium input materials, efficient rolling and finishing operations, working-capital management, product quality, regional demand from fabricators and distributors, and the competitiveness of locally processed aluminium against imported substitutes. The company represents a manufacturing exposure within the Ghana Stock Exchange, with performance tied to construction activity, industrial demand, foreign exchange costs, energy costs, raw material pricing and the company's ability to maintain capacity utilization and distribution relationships across its target markets.

Fundamentals

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Metric  (GHS, M) 2022 2021 2020 2019 2018
Revenue Total Revenue 33
EBITDA -27
EBIT -35
Net income Net Income -75
Operating margin -106%
Net margin -224%