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Iron and Steel for Mines and Quarries’ net profit hit EGP 21.9M end-December

Iron and Steel for Mines and Quarries’ net profit hit EGP 21.9M end-December

ArabFinanceIron and Steel for Mines and Quarries (ISMQ) posted a net profit after tax of EGP 21.95 million in the period ended December 31st 2021, according to the company’s unaudited financial indicators filed to the Egyptian Exchange (EGX).

The company generated a revenue of EGP 55.701 million in the period ended December 31st 2021.

ISMQ previously announced it achieved a net profit after tax of EGP 8.59 million in the period ended September 30th 2021.

It is worth noting that ISMQ is a demerging company from Egyptian Iron and Steel (IRON).

 

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