The Iron and Steel Company for Mines and Quarries announced achieving total sales in last October worth EGP 36.67 million.
The company explained, in a statement to the Egyptian Stock Exchange today, that the sales of the Bahariya Oasis mines in October amounted to EGP 36.26 million.
It added that the value of sales of the Beni Khaled – Samalut quarries recorded about EGP 410.61 thousand.
Iron and Steel for Mines and Quarries achieved a net profit of EGP 23.75 million in the period from July to the end of September 2024, compared to EGP 28.34 million in profits in the comparative period in 2023.
The company’s revenues increased in the three months to EGP 84.25 million, compared to EGP 69.89 million in the same period in 2023.