Iron and Steel Company for Mines and Quarries announced that it achieved total sales during January, which amounted to EGP 16.34M.
The Company stated, to the Egyptian Stock Exchange, that the sales of Bahariya Oasis mines amounted to EGP 16.29M in January.
It added that the sales value of Bani Khalid – Samalout Quarries amounted to about 47.76 thousand pounds.
It is noteworthy that Iron and Steel for Mines and Quarries recorded a net profit of EGP 69.5M from July to the end of December 2022, compared to EGP 17.01M in earnings during the comparative period of 2021.
The Company’s revenues increased during the three months to EGP 152.6M, compared to EGP 55.7M during the same period in 2021
