The Iron and Steel Company for Mines and Quarries announced that it achieved total sales during the month of August, amounting to 17.34 million pounds.
The company said in a statement to the Egyptian Stock Exchange that the sales of the Bahariya mines amounted to about 17.19 million pounds during August, and added that the value of sales of Bani Khaled - Samalut quarries recorded about 147.1 thousand pounds.
It is noteworthy that Iron and Steel Mines and Quarries made 40.63 million pounds in profits after taxes during the fiscal year ending in June 2022.
The company also achieved 121.21 million pounds in sales during the last fiscal year 2021-2022.
Iron and steel for mines and quarries achieved profits before taxes during the first nine months of the current fiscal year, at a value of 29.65 million pounds.
It recorded revenues of 82.78 million pounds during the period from July to the end of last March.
The Ordinary General Assembly of the Iron and Steel Company for Mines and Quarries approved, in a session last February, the estimated budget for the next fiscal year at about 91.82 million pounds.
She added that the general assembly approved the draft investment budget for the fiscal year
2022-2023, with a value of 74.7 million pounds, self-financing.
Comments
No comment yet.