(2018-01-23) Feb 13: Final judgment for Banque Misr, Egyptian Iron's lawsuit
Egyptian Iron & Steel (IRON) said in a statement sent to Egyptian Stock Exchange (EGX), the court determine February 13, 2018, for the final judgment in the lawsuit filed by Banque Misr against the Company. Egyptian Iron board ratified the results of October and the fiscal period starting July 2017 and ending October 2017, as the total of local sales and export in October is amounting to LE124.68 million, while Egyptian Iron achieved total local sales and export at LE399.77 million, compared to LE406.69 in the same period a year earlier.