Holding Company for Metallurgical Industries the financial statements of the metallurgical industries companies, affiliated to the holding company, were revealed mineral, for the achievement of exports from many countries of the world, whose values amounted to about 7 billion pounds, during the fiscal year 2019-2020, compared to exports that amounted to about 11 billion pounds in the fiscal year 2018-2019.
The financial data indicated that the Egyptian Aluminum Company topped the exports movement, followed by the Egyptian Ferro Alloys Company – EFACO , in addition to exports to the companies of El-Nasr for mining, coke, Iron and steel company Egyptian, copper company and other companies, to various countries of the world, which are companies whose exports decreased in value. As a result of the Corona pandemic, the global trade movement was halted in the first place.
The financial data of the holding company and its subsidiaries also showed that revenues were achieved, amounting to about 12 billion pounds during the last fiscal year, compared to 19.5 billion pounds in the previous fiscal year 2018-2019.
And the metallurgical holding companies employ 15 companies, about 25.85 thousand workers, who earn about 2.7 billion pounds, according to the budget of the last fiscal year.
