Iron and Steel Mining Sales Exceed EGP 251 Million in May

The Iron and Steel Company for Mines and Quarries announced total sales of EGP 251.04 million during the month of May. The company stated in a statement to the Egyptian Exchange today that sales from the Bahariya Oasis mines during May amounted to EGP 251.01 million. It added that sales from the Beni Khaled-Samalut quarries amounted to approximately EGP 15.4 thousand. It is noteworthy that Iron and Steel for Mines and Quarries recorded profits after taxes of EGP 431.96 million during the period from July to the end of March 2025, compared to EGP 113.25 million in the comparable period. The company recorded revenues of EGP 834.72 million during the period from July to the end of March 2025, compared to EGP 252.579 million in the comparable period of the previous fiscal year.