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Hadisolb achieves EGP 816m revenue in 10 months

Hadisolb achieves EGP 816m revenue in 10 months
Local sales reached EGP 70 million during March
Egyptian Iron & Steel
IRON
4.97% 24.94 1.18

Cairo – Mubasher: The Egyptian Iron and Steel (Hadisolb) generated EGP 816.24 million in commercial activity revenues during the first 10 months of fiscal year (FY) 2020/2021.

Local sales reached EGP 70 million during March and no exports were reported during the month, the company said in a bourse disclosure on Sunday.

During the first half (H1) of FY20/21, Hadisolb suffered net losses of EGP 437.05 million, down from EGP 478.18 million in the prior-year period.