Sunday 07/Sep/2025 – 10:06 AM
The iron and steel company for mines and quarries revealed that a net profit after the tax achieved 698 million pounds at the end of June 30, 2025, compared to 126 million pounds in the same period.
Iron and steel for mines and quarries achieve record profits
According to a disclosure of the Egyptian Stock Exchange today, the company drained the stagnant stocks of products in accordance with the decisions and recommendations of the company’s general assembly in the previous years, and increased customer awareness of our products and improving marketing and promotion internally and externally, which led to the opening of the field of export to our products and targeting global markets with total revenues of the activity internally and externally) 1.35% billion pounds.
Customer service has also been improved, expansion of the sales network, and a net profit adjustment after taxes from 702.9 million pounds to 6.98 million pounds as a result of the formation of allocations.
