ArabFinance: Egyptian Iron and Steel (HADISOLB) (IRON) posted increase in net loss during the seven-month period ended December 31st 2021, according to financial statements filed to the Egyptian Exchange (EGX) on Tuesday.
The company’s net loss rose to EGP 733.955 million from June 1st 2021 until December 31st, from EGP 590.306 million in the period ended May 31st 2021.
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.
