Mubasher TV
Contact Us Advertising   العربية

Ezz Steel posts 6.4% YoY loss decline in 12M

Ezz Steel posts 6.4% YoY loss decline in 12M
The company’s sales grew to EGP 49.16 billion last year
Ezz Steel
ESRS
-3.51% 97.97 -3.56

Cairo – Mubasher: Ezz Steel on Thursday reported a 6.4% year-on-year loss decline during the full year 2018, recording EGP 1.02 billion.

The company’s sales grew to EGP 49.16 billion last year, compared to EGP 41.74 billion a year earlier, according to a bourse statement.

EZZ’s loss surged 354% to EGP 476.7 million in Q3-18 versus EGP 107 million in the year-ago period.