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Iron and Steel for Mines logs EGP 5.54M profit in 6 months

Iron and Steel for Mines logs EGP 5.54M profit in 6 months

ArabFinance: Iron and Steel for Mines and Quarries (ISMQ) announced that its board of directors has approved the audited financial statements for the period starting January 1st until June 30th, 2021, according to a statement filed to the Egyptian Exchange (EGX).

The audited financial results for the six-month period ended June 30th, 2021, showed that the company achieved a net profit excluding income tax of EGP 5.546 million, the statement highlighted.

Iron and Steel for Mines previously said it recorded sales of EGP 7.9 million in July 2021.

ISMQ is a demerging company from Egyptian Iron and Steel Company.

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