Iron and Steel Company for Mines and Quarries announced that it achieved total sales during March, amounting to 33.14 million EGP.
In a statement to the Egyptian Stock Exchange today, the Company stated that Bahariya Oasis mines sales in March amounted to 33.1 million EGP.
The Company added that Bani Khaled-Samalot quarries’ sales value amounted to about 46.55 thousand EGP.
It is noteworthy that Iron and Steel for Mines and Quarries recorded a net profit of 69.5 million EGP from July to the end of December 2022, compared to 17.01 million EGP in earnings during the comparative period of 2021.
The Company’s revenues increased during the three months to 152.6 million EGP, compared to 55.7 million EGP during the same period in 2021.