ArabFinance: Egypt’s Ezz Steel (ESRS) announced Sunday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.
The company posted consolidated net losses of EGP 1.275 billion in the first quarter of 2019, versus EGP 184 million profits in the year-ago period.
Moreover, it posted standalone net losses of EGP 369 million in the three-month period of 2019, compared to a net loss EGP 187 million recorded in the year before.
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