The Board of Directors of the Iron and Steel Company for Mines and Quarries approved the approval of the company’s financial statements for the first nine months of 2021.
The company said in a statement to the Egyptian Stock Exchange that the financial statements were approved with a net profit after taxes of 8.59 million pounds.
The company added that it achieved EGP 25.27 million in sales during the nine months.
As the Iron and Steel Company for Mines and Quarries achieved, during the first six months of 2021, a net profit before taxes of 26.47 million pounds, and sales of 43.016 million pounds.
It is noteworthy that Iron and Steel Mines is a split company from the Egyptian Iron and Steel Company.