Cairo - Mubasher: AL Ezz Dekhela Steel – Alexandria‘s losses widened significantly by nearly 172.2% in the first nine months of 2015, according to a bourse filing Tuesday.
The steel producer suffered losses of EGP 559.2 million for thes nine-month period, compared with EGP 205.4 million for the same period a year earlier.
The company's sales revenues stood at EGP 8.9 billion, compared with EGP 11 billion for the same period of the previous year.
AL Ezz Dekhela earlier reported standalone losses of EGP 319 million in the nine-month period, against profits of EGP 46 million for the same period of the preceding year.
