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Iron and Steel for Mines and Quarries records EGP 23m sales in three months

Iron and Steel for Mines and Quarries records EGP 23m sales in three months
The sales amounted to EGP 7.83 million in June

Cairo - MubasherIron and Steel for Mines and Quarries achieved EGP 23.33 million in sales during the April-June period.

The sales amounted to EGP 7.83 million in June, EGP 5.42 million in May, and EGP 10 million in April, the company said in a bourse disclosure on Thursday. 

Iron and Steel for Mines and Quarries is a spin-off company of the Egyptian Iron and Steel (Hadisolb).

In January, the extraordinary general meeting (EGM) of Hadisolb decided to liquidate its steel plant and spin off its mining operations.