The Iron and Steel Company for Mines and Quarries announced that it achieved total sales during the month of February of 19.086 million pounds. The company explained, in a statement to the Egyptian Stock Exchange today, that sales of Bahariya Oasis mines during December amounted to 19.08 million pounds. She added that the sales value of the Bani Khaled-Samalut quarries recorded about 1,680 pounds. It is noteworthy that Iron and Steel for Mines and Quarries recorded a net profit of 73.77 million pounds during the period from July until the end of December 2023, compared to 69.5 million pounds in profits during the comparative period of 2022. The company's revenues increased during the first half of the current fiscal year to 166.61 million pounds, compared to 152.6 million pounds during the same period in 2022.
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Steel NewsApril 3, 20241 min read