Iron and Steel Company for Mines and Quarries recorded total sales of EGP 251.04 million (USD 8 million) in May 2025. Most of these sales came from the Bahariya Oasis mines, with approximately EGP 15,400 (USD 490) generated from the Beni Khaled - Samalut quarries.
The company’s solid sales performance reflects steady operations in mining and quarrying activities. In a period marked by economic uncertainty, these results indicate sustained confidence in the sector.
Between July 2024 and March 2025, the company’s net profit rose to EGP 431.96 million (USD 13.8 million), nearly four times the EGP 113.25 million (USD 3.6 million) recorded in the same period last year. Total revenues for the period increased from EGP 252.58 million (USD 8.1 million) to EGP 834.72 million (USD 26.7 million).
These financial results highlight improvements in operational efficiency and demonstrate a strong position in both domestic and export markets. Iron and Steel Company for Mines and Quarries continues to strengthen its role in Egypt’s industrial sector and pursue sustainable growth.
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