Misr National Steel SAE (ATQA)

Cairo – Mubasher: Misr National Steel (Ataqa) recorded a net profit after tax of EGP 734.86 million in 2023, an annual hike from EGP 234.72 million a year earlier. Sales grew to EGP 2.72 billion last year from EGP 2.48 billion in 2022, according …

Cairo – Mubasher: El Wehda Industrial Development reduced its shareholding in Misr National Steel (Ataqa) to 91.56% from 93.22%, according to a bourse disclosure. El Wehda sold 20 million shares in the EGX-listed firm at a value of EGP 99.94 …

Cairo – Mubasher: The consolidated net profits after tax of Misr National Steel (Ataqa) hiked year-on-year (YoY) to EGP 593.57 million in the first nine months (9M) of 2023 from EGP 115.50 million. The revenues amounted to EGP 1.71 billion in …

Cairo – Mubasher: Misr National Steel (Ataqa) recorded net profits after tax valued at EGP 410.74 million in the first half (H1) of 2023, marking a leap from EGP 86.75 million a year earlier. On the other hand, the sales plummeted to EGP 922.67 …

Cairo – Mubasher: The net profits after tax of Misr National Steel (Ataqa) amounted to EGP 128.81 million in the first quarter (Q1) of 2023, compared to EGP 67.95 million in Q1-22. The sales plunged to EGP 399.50 million during Q1-23 from EGP …

Cairo – Mubasher: Misr National Steel (Ataqa) generated net profits after tax worth EGP 234.72 million in 2022, an annual surge from EGP 100.44 million. The sales amounted to EGP 2.48 billion during the 12-month period that ended on 31 December …

Cairo – Mubasher: The profits of Misr National Steel (Ataqa) increased by 75.71% in the first nine months (9M) of 2022 to EGP 115.50 million, compared to EGP 65.73 million in the year-ago period.  Basic earnings per share (EPS) came in at EGP …

Cairo – Mubasher: The profits of Misr National Steel (Ataqa) netted EGP 86.75 million during the first half (H1) of 2022, down from EGP 94.02 million in the corresponding period in 2021.  Basic earnings per share (EPS) stood at EGP 0.072 in the …

Cairo – Mubasher: The net profits of Misr National Steel (Ataqa) increased to EGP 67.95 million in the first quarter (Q1) of 2022, compared to EGP 63.34 million in the year-ago period. The company's revenues amounted to EGP 875.94 million in …

Cairo – Mubasher: The net profits of Misr National Steel (Ataqa) soared by 244% year-on-year (YoY) to EGP 65.74 million in the first nine months of 2021, compared to EGP 20.24 million.  The sales increased to EGP 1.7 billion in the …

By: Heba El-Kordy Cairo – Mubasher: Companies operating in the production of iron, cement, and fertilisers disclosed to the Egyptian Exchange (EGX) the impact of the government's decision to increase natural gas prices for factories by about 28% …

Cairo – Mubasher: Misr National Steel (Ataqa) posted a jump of 378% in net profits to EGP 94.02 million in the first half (H1) of 2021 from EGP 19.67 million in H1-20. Sales soared to EGP 1.3 billion in the January-June 2021 period, compared to …

Cairo – Mubasher: Misr National Steel (Ataqa) reported a surge in its profits during the first quarter (Q1) of 2021 by 361% on an annual basis. The company’s profit reached EGP 63.34 million in the first three months of the year, compared with EGP …

Cairo – Mubasher: Misr National Steel (Ataqa) reported net profits of EGP 13.7 million in the first quarter of 2020, down by 52% year-on-year (YoY) from EGP 28.5 million. Meanwhile, the company’s sales increased to EGP 759 million in Q1-20 from …

Cairo – Mubasher: Misr National Steel (Ataqa) announced that the government’s decision to reduce energy prices to the industrial sector will cut down production costs by EGP 30 per tonne, according to a bourse disclosure on Thursday. The …

Cairo – Mubasher: Misr National Steel (Ataqa) reported a 92% year-on-year drop in its net profits during 2019. The company’s net profits dwindled to EGP 13.8 million last year from EGP 174.91 million in 2018, according to a statement to the …

Cairo – Mubasher: Misr National Steel (Ataqa) announced that its net profits for the first nine months of 2019 stood at EGP 53.16 million, falling by 72% year-on-year from EGP 187.33 million. The Egyptian company’s sales tumbled to EGP 1.44 …

Cairo – Mubasher: Misr National Steel (Ataqa) said that the decision to impose fees on imported iron billets and steel rebar will increase the cost of production by 16%, according to a bourse disclosure on Monday. Previously, the Egyptian minister …

Cairo – Mubasher: Misr National Steel (Ataqa) announced succumbing to losses during the first half of 2019, dragged by the drop in sales. Ataqa suffered losses of EGP 629,920 in the January-June period of 2019, against a profit of EGP 153.08 …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced that Misr National Steel (Ataqa) has submitted a request to increase its authorised, issued, paid-up capital. Ataqa plans to raise its authorised capital to EGP 1 billion from EGP 500 …

Cairo – Mubasher: Misr National Steel (Ataqa) reported a 67.4% year-on-year profit drop during the first quarter of 2019, pressured by lower sales. Ataqa’s net profits retreated to EGP 28.5 million in Q1-19, compared to EGP 87.45 million in the …

Cairo – Mubasher: Misr National Steel (Ataqa) on Monday reported a net profit of EGP 174.9 million for 2018, compared to EGP 169.24 million in 2017, according to a bourse filing. Ataqa previously posted a net profit of EGP 187.3 million for the …

Cairo – Mubasher: Misr National Steel (Ataqa) has approved to split the nominal value of the share to EGP 0.5, instead of EGP 5. This decision aims at boosting trading on the stock by increasing the ownership base of the stock and cutting its …

Cairo – Mubasher: Misr National Steel (Ataqa) on Tuesday reported a 103% year-on-year surge in profits for the first nine months of 2018. The company logged EGP 187.3 million in profits during the January-September period of this year, versus EGP …

Cairo – Mubasher: Misr National Steel (Ataqa) on Tuesday reported a 124.8% year-on-year hike in profits for the first half of 2018. The company generated a net profit of EGP 153.08 million in the six-month period ended June, versus EGP 68.08 …