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 EGGP 956.82 million in the same six months a year earlier, according to the financial results on Wednesday.

It is worth noting that in the first quarter (Q1) of 2021, Ataqa posted net profits worth EGP 63.34 million.