Egyptian Iron and Steel generates revenue

ArabFinance: Egyptian Iron and Steel Company (IRON) announced generating revenues of EGP 682.81 million during the July-February period, according to the companys statement to the Egyptian Exchange on March 17^th.

The companys local sales and exports reached EGP 54 million by February 28^th 2021.

Year on Year, the company posted a 9% decline in its net loss in 2020, suffering EGP 437.05 million.

Egyptian Iron and Steel, an affiliated company of HCMI, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.

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