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Misr National Steel Company profits fell 8% in H1 2022

The financial statements of the Misr National Steel Company – Ataka, in the first half of 2022, showed a decline in the company’s profits by 7.7% on an annual basis, with the increase in sales costs.

In a statement to the Egyptian Stock Exchange, the company stated that it achieved profits of EGY 86.75 million in the period from January to the end of last June, compared to profits of EGY 94.02 million in the comparable period from 2021.

The company’s sales rose during the period to EGY 1.34 billion, compared to sales of EGY 1.32 billion in the comparable period last year.

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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