October 30, 2020 19:01


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News


(2018-12-10) Ezz Steel losses shrink to LE333 m in 9 months
Ezz Steel (ESRS) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending September 30, 2018. The company incurred consolidated net losses of LE333.1 million, versus net losses of LE1.077 billion in the same period a year ago, taking into account the minority rights. Moreover, it posted standalone net profits of LE114,901,860, against incurring net losses of LE731,739,296 in the same period last year.