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Egypt: 30.1 million pounds of iron and steel sales to mines in April

The Iron and Steel Company for Mines and Quarries announced that it achieved total sales in April, amounting to 30.11 million pounds.

The company stated, in a statement to the Egyptian Stock Exchange, today, that the sales of Bahariya Oasis mines in March amounted to 30.07 million pounds.

The company added that the sales value of the Bani Khaled – Samalut quarries amounted to about 46.78 thousand pounds

It is noteworthy that iron and steel for mines and quarries recorded profits after taxes amounting to 97.76 million pounds during the period from July to last March, compared to 22.97 million pounds in the comparative period.
The company recorded revenues of EGP 217.5m during the period from July to the end of last March, compared to EGP 82.78m in the comparative period.

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