Egypt: EGY 40.5 million , Iron and Steel Company for Mines profits in 2021-2022

The Board of Directors of the Iron and Steel Company for Mines and Quarries announced that the company achieved EGY 40.54 million in profits after taxes during the fiscal year ending in June 2022.

The company stated in a statement to the Egyptian Stock Exchange today, that the company achieved EGY 121.21 million in sales during the fiscal year 2021-2022.

Iron and steel for mines and quarries made profits before taxes during the first nine months of the current fiscal year, at a value of EGY 29.65 million .

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About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

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