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Egypt: Iron and steel miners jump in profits for September 2022

The Iron and Steel Company for Mines and Quarries (ISMQ) announced the approval of its board of directors, held on 11/19/2022, on its business results for the period ending on 09/30/2022, which showed a net profit of 26.538 million pounds, compared to a net profit of 8.590 million. pounds, according to the company in its statement sent to the Egyptian Stock Exchange.

And on the company’s amended unaudited business results for the fiscal year ending on 06/30/2022, achieving profits amounting to 40,634,468 pounds, compared to profits amounting to 5,546,393 pounds, during the comparative period of the previous fiscal year, with a change rate of 732.63%.

It is worth noting that the sales and production indicators report during June 2022 showed that total sales were achieved during the month of June at a value of 15.12 million pounds, and the sales of the Bahariya Oasis mines during June amounted to about 15.06 million pounds, and the sales of the Bani Khaled-Samalot quarries amounted to about 64.2 thousand pounds.


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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.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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