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EGP 127.5 million profits for “Iron and Steel for Mines” in 2023-2024

The profits of the Iron and Steel Company for Mines and Quarries declined in the past fiscal year, reaching EGP 127.5 million during the period from July 2023 to the end of June 2024, compared to EGP 127.8 million in the comparative year.

The company’s sales decreased to EGP 306.25 million in the past fiscal year, compared to EGP 309.92 million in the comparative year.

The profits of the Iron and Steel Company for Mines and Quarries increased by 16% in the first 9 months of the past fiscal year, reaching EGP 113.2 million, compared to a profit of EGP 97.7 million in the comparative period.

The company’s revenues increased to EGP 252.6 million in the period from July to the end of last March, compared to revenues of EGP 217.5 million in the comparative period of the past fiscal year.

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