ArabFinance: The ordinary general meeting (OGM) of Egyptian Iron and Steel (HADISOLB) (IRON) has endorsed the company’s financial statement for the period from January 1st until May 31st, 2021, according to a statement filed to the Egyptian Exchange (EGX).
The company has incurred a net loss of EGP 590.206 million in the five-month period ended May 31st.
Egyptian Iron and Steel, an affiliated company of Metallurgical Industries Holding, 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.
