The Iron and Steel Mines and Quarries Company recorded a jump in profits during the first nine months of the current fiscal year, with a growth rate of 281.42% year-on-year.
The company stated in a statement to the Egyptian Exchange that it achieved a net profit after taxes of EGP 431.96 million during the period from July to the end of March 2025, compared to EGP 113.25 million during the same period of the previous fiscal year.
Revenues also jumped to EGP 834.72 million, compared to EGP 252.58 million in the same period, reflecting a significant improvement in operational performance.
The first-half results for the fiscal year previously revealed a net profit of EGP 154.91 million, compared to EGP 73.77 million in the same period in 2023, with revenues growing to EGP 312.47 million compared to EGP 167.22 million.
These results reflect a positive trend in the company’s performance, supported by increased production and improved operational efficiency.
