ArabFinance: Egyptian Iron and Steel Company (IRON) announced generating revenues of EGP 619.05 million during the July-December period of 2020, according to the company’s statement to the Egyptian Exchange on February 21st.
The company’s local sales and exports reached EGP 107 million by December 31st 2020.
Year on Year, the company posted a 9% decline in its net loss in 2020, suffering EGP 437.05 million.
Egyptian Iron and Steel, an affiliated company of HCMI, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.
