The Iron and Steel Company for Mines and Quarries announced that it achieved total sales during the month of August amounting to 24.183 million pounds.
The company explained in a statement to the Egyptian Stock Exchange that sales of Bahariya Oasis mines during August amounted to 24.12 million pounds.
She added that the sales value of the Bani Khaled-Samalut quarries recorded about 55.52 thousand pounds.
It is noteworthy that iron and steel for mines and quarries achieved 127.81 million pounds in profits during the period from July 1, 2022 to June 30, 2023, compared to 40.63 million pounds in the comparative year.
Sales and revenues rose to 309.92 million pounds during 2022-2023, compared to 121.21 million pounds in the comparative year.
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 217.5 million pounds during the period from July until the end of last March, compared to 82.78 million pounds in the comparative period.
