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Ataqa swings to loss

Ataqa swings to loss

ArabFinance:  Misr National Steel (Ataqa) (ATQA) suffered a net loss of EGP 4.52 million in 2020, against a net profit of EGP 13.89 million in 2019, according to the company’s statement to the Egyptian Exchange on March 1st.

During the first nine months of 2020, the company’s net profit stood at EGP 20.24 million.

ATAQA is an Egypt-based company engaged in the manufacture of reinforced steel bars according to Egyptian and international standards in different sizes and thicknesses.

 

 

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