ArabFinance: Arab Valves Company (ARVA) reported a net profit after tax of EGP 796,272 for the first nine months of 2021, up from EGP 529,768 in the same period of 2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

Operating revenue stood at EGP 3.82 million in the January-September period of 2021, slightly up from EGP 3.69 million in the year-ago period.

Arab Valves is an Egypt-based public shareholding company engaged in designing and manufacturing brass valves and fittings.

The company’s product portfolio includes several types of valves, tabs, blenders, and fittings in different sizes and applications. It also produces a range of ores, which are used in a number of industrial applications.