Cairo –  Al Ezz Dekheila Steel - Alexandria turned to net profits of EGP 3.23 billion in the first nine months of 2021, versus net losses of EGP 3.47 billion in the year-ago period, including minority shareholders' rights.

The sales hiked to EGP 43.83 billion in the January-September period, compared to EGP 22.91 billion in the corresponding period a year earlier, according to a bourse disclosure on Monday.

As for standalone business, the company achieved net profits of EGP 2.39 billion in the nine-month period ended 30 September, against net losses of EGP 935.15 million in the prior-year period.

In the first half (H1) of 2021, the company achieved net profits of EGP 2.06 billion, against net losses of EGP 2.29 billion in H1-20, including minority shareholders' rights.

Source: Mubasher

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