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EISC's revenues of EGP 816 M

EISC's revenues of EGP 816 M

ArabFinanceEgyptian Iron and Steel Company (IRON) (EISC) posted revenues of EGP 816.24 million in July-April 2021, according to the company’s statement filed to the Egyptian Exchange.

The company’s local sales in EGP 70 million in March 2021.

Egyptian Iron’s board of directors approved the business revenues of EGP 757.686 million in the first six months of the fiscal year (FY) 2020/2021.

The Metallurgical Industries Holding (MIH) will appoint a liquidator next week in order to wind up the Egyptian Iron and Steel company (EISC).

ESIC, an affiliated company of Metallurgical Industries Holding, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.

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04 Oct 2021
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