ArabFinance: Al Ezz Dekheila Steel Company - Alexandria (EZDK) posted a consolidated net profit before minority interest of EGP 1.023 billion in quarter one (Q1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.
In Q1 2020, the company incurred a net loss of EGP 1.079 billion.
The listed company posted a standalone net profit of EGP 771.875 million in Q1, 2021, against a net loss of EGP 287.914 million in Q1, 2020.
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, which is focused on the manufacture and trade in all types of metal and metal products.