Company overview

Aluworks is engaged in the production and sale of a range of aluminium based products such as aluminium sheet-in-coil, circles, flat sheets, corrugated roofing sheets. The company also supplies aluminium coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminium household cooking utensils, corrugated roofing sheets, and general fabrication throughout the west african sub-region. The company primarily operates in Ghana, where it is headquartered in Tema, and employs around 262 people.

The company recorded revenues of GHC57,127 thousand (approximately $5.1 thousand) in the fiscal year ended December 2008, an increase of 9.8% over 2007. The company's operating loss was GHC1,309 thousand (approximately $0.1 thousand) in fiscal 2008, as compared to the operating loss of GHC1,072 thousand (approximately $0.1 thousand) in 2007. Its net loss was GHC2,958 thousand (approximately $0.3 thousand) in fiscal 2008, as compared to the net loss of GHC4,450 thousand (approximately $0.4 thousand) in 2007.

Key facts

Ghana Stock Exchange ticker: ALW

No. employees: 262

Turnover: 57,127,000 (GHC)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

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