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Egypt: EGP 25.34 million in sales by Iron and Steel for Mines in November

Iron and Steel for Mines and Quarries announced that it achieved total sales of EGP 25.34 million during the month of November.

In a statement to the Egyptian Exchange, the company clarified that sales from the Bahariya Oasis mines recorded EGP 25.34 million during October.

It is worth noting that Iron and Steel for Mines and Quarries reported a net profit of EGP 80.49 million during the period from July to the end of September 2024, compared with profits of EGP 23.75 million during the corresponding period in 2021.

The company’s revenues increased during the three-month period to EGP 213.05 million, compared with EGP 84.25 million in the same period of 2024.

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