Cairo – Mubasher: Al Ezz Dekheila Steel – Alexandria posted on Monday a net profit of EGP 258 million for the first quarter of fiscal year 2017, against a net loss of EGP 297 million for Q1-16.
Sales increased in Q1-17 to EGP 5.2 billion from EGP 2.7 billion in Q1-16, according to a bourse filing.
The company had earlier reported a net profit of EGP 773.99 million for FY16.
