Cairo – Mubasher: Egyptian Iron and Steel (HADISOLB) posted a slide of 19.7% year-over-year in its losses for the first nine months of 2015/16 to EGP447.6 million from EGP557.5 million, according to bourse filing.

Moreover, its H1-15/16 losses declined to EGP322.4 million compared to EGP557.5 million for the year-ago period.

The stock quote fell by 3.9% to EGP6.5 by 11:10am Cairo time.