Ataqa reports Q1 profit

In 2020, the listed company suffered a net loss

  

ArabFinance: Misr National Steel (Ataqa) (ATQA) achieved a net profit of EGP 63.34 million during the first quarter (Q1) of 2021, according to the company’s filing to the Egyptian Exchange.

The company’s net profit recorded EGP 13.73 million in Q1 2020.

In 2020, the listed company suffered a net loss of EGP 4.52 million, against a net profit of EGP 13.89 million in 2019.

ATAQA is an Egypt-based company engaged in the manufacture of reinforced steel bars according to Egyptian and international standards in different sizes and thicknesses.

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