ArabFinance:  Al Ezz Dekheila Steel Company (EZDK) (IRAX) called to hold an ordinary general meeting on July 14th to review the financial results and commutative contracts for 2019, according to the company's statement. 

EZDK also invited the shareholders for an extraordinary general meeting to discuss amending its articles of association.

The company reported a consolidated net loss of EGP 4,643,494,957 in Quarter one (Q1), versus a net profit of EGP 647,356,308 in Q1 2019.

In the Q1 2020, standalone net loss reached EGP 2,230,574,362, against a net profit of EGP 2,503,425,336 achieved in Q1 2019.

EZDK is an Egypt-based engaged in the manufacture and production of steel in different types and forms. The company’s direct subsidiaries include Al Ezz Steel Sheet Manufacturing Company, Steel Company for Industry, and Trade and Contracting Company (Contrasteel).