ArabFinance: Egyptian Iron and Steel Company (IRON) announced generating revenues of EGP 682.81 million during the July-February period, according to the company’s statement to the Egyptian Exchange on March 17th.
The company’s local sales and exports reached EGP 54 million by February 28th 2021.
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.
