Cairo - Mubasher: Ezz Steel said Wednesday its net losses for the first nine months of 2015 increased by 40% to EGP 740.32 million, from EGP 528.4 million in the similar period of the previous year.
The company's revenues declined to EGP 12.8 billion for this nine-month period of 2015, compared with EGP 14.9 billion a year earlier.
The steel producer said earlier it suffered losses of EGP 437.6 million in the first half of 2015, compared with EGP 142.5 million for the same period of 2014.
