ISMQ’s profits up 16% YoY in 9 months

Updated 5/12/2024 9:48:00 AM
ISMQ’s profits up 16% YoY in 9 months

Arab Finance: Iron and Steel for Mines and Quarries’ (ISMQ) net profits after tax rose 15.9% year on year (YoY) in the first nine months of fiscal year (FY) 2023/2024, according to the financial indicators posted on May 12th.

The company’s net profits came in at EGP 113.256 million in the July-March period this FY, compared to EGP 97.76 million.

Meanwhile, revenues climbed to EGP 252.579 million from EGP 217.501 million.

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