Arab Finance: Al Ezz Dekheila Steel Co – Alexanderia (EZDK) posted a 10.1% year-on-year (YoY) increase in its consolidated net profits after tax and non-controlling interest in 2022, recording EGP 6.4 billion, compared to EGP 5.81 billion, according to the firm’s financial statement released on April 3rd.
Net revenues grew to EGP 75.44 billion last year from EGP 61.22 billion in the year before.
The company garnered EGP 5.31 billion in standalone net profits after tax in 2022, up 47.3% from EGP 3.61 billion in 2021.
Standalone revenues reached EGP 61.71 billion last year, versus EGP 47.93 billion a year earlier.