Ataqa swings to loss

Egypt-based company engaged in the manufacture of reinforced steel bars

  

ArabFinance: Misr National Steel (Ataqa) (ATQA) suffered a net loss of EGP 4.52 million in 2020, against a net profit of EGP 13.89 million in 2019, according to the company’s statement to the Egyptian Exchange on March 1st.

During the first nine months of 2020, the company’s net profit stood at EGP 20.24 million.

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.

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities