Cairo – Mubasher: The Ministry of Finance accounted for a profit share up to EGP 144.8 million in the profits generated by the Metallurgical Industries Co., said Ministry of Public Business Sector.

The general meeting of the Ministry of Public Business Sector has approved the financial statements of Metallurgical Industries Co. for the fiscal year ended 30 June 2016.

Metallurgical Industries Co. reported unconsolidated net profits of EGP 280.9 million for FY15/16, up by 24% y-o-y.