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ISMQ records sales of EGP 30.9M in October

ISMQ records sales of EGP 30.9M in October

Arab Finance: Iron and Steel for Mines and Quarries (ISMQ) recorded total monthly sales of EGP 30.925 million in October 2022, according to a statement filed to the Egyptian Exchange (EGX) on November 27th.

Sales from the Bahariya Oasis amounted to EGP 30.89 million last October.

Meanwhile, sales from the Bani Khaled quarry reached EGP 33,760 in October.

It is worth noting that the company achieved a net profit after tax of EGP 26.53 million in the first quarter (Q1) of fiscal year (FY) 2022/2023, compared to EGP 8.59 million in Q1 FY 2021/2022.

 

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