Ezz_steel1
Arab Steel Summit
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
Slide
Arab Steel Summit
Kallanish3_23_2
Arab Steel Summit

Egyptian Iron and Steel’s loss down 35% in FY19/20 modified results

The modified unaudited financial results of the Egyptian Iron and Steel showed net losses of EGP 982.83 million during fiscal year 2019/2020, down by 35% year-on-year (YoY) from EGP 1.52 billion.

Sales slumped to EGP 1.08 billion in the year ended 30 June from EGP 1.24 billion in FY18/19, the company said in a statement to the Egyptian Exchange (EGX) on Wednesday.

During the first nine months of FY19/20, the company reported net losses of EGP 783.847 million, up from EGP 531.28 million in the year-ago period.

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1
Arab Steel Summit

Latest News

الاتحاد العربي للحديد والصلب

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.

Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org