The Iron and Steel Company for Mines and Quarries announced that it achieved total sales in last December amounting to EGP 128.97 million.

The company explained, in a statement to the Egyptian Stock Exchange, that the sales of the Bahariya Oasis mines in November amounted to EGP 128.58 million.

It added that the value of sales of the Beni Khaled – Samalut quarries recorded about EGP 15.82 thousand, while sales of the Adabiya – Suez quarries amounted to about EGP 382.59 thousand.

The Iron and Steel Company 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.