The Iron and Steel for Mines and Quarries announced that it achieved total sales in the month of last March amounting to 34.242 million pounds.
The company explained, in a statement to the Egyptian Stock Exchange today, that sales of Bahariya Oasis mines during the month of March amounted to 34.232 million pounds.
The company added that the sales value of the Bani Khaled-Samalut quarries recorded about 10,094 thousand pounds.
It is noteworthy that the Iron and Steel for Mines and Quarries recorded a net profit of 73.77 million pounds during the period from July until the end of December 2023, compared to profits of 69.5 million pounds during the comparative period of 2022.
The company’s revenues increased during the first half of the current fiscal year to 166.61 million pounds, compared to 152.6 million pounds during the same period in 2022.