The company's sales stood at EGP 43.016 million
Iron And Steel for Mines and Quarries
ISMQ
-0.85%
4.67
-0.04
ISMQ
Cairo – Mubasher: The board of directors of Iron and Steel for Mines and Quarries approved the financial statements for the first half (H1) of 2021.
The company's pre-tax profits amounted to EGP 26.47 million, while its sales stood at EGP 43.016 million during the January-June period, according to a bourse disclosure on Sunday.
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.
Source:
Mubasher