Cairo – Mubasher: Egyptian Iron and Steel’s (HADISOLB) losses deepened 63% to EGP 253 million in the third quarter of fiscal year 2016/2017, compared to EGP 155.3 million for Q3-15/16.
In the first nine months of FY16/17, losses shrank 7.5% to EGP 441.7 million from EGP 477.6 million for the same period last year, according to a bourse filing.
Revenues increased in the first nine months of FY16/17 to EGP 1.2 billion from EGP 1.01 billion for the same period of the previous year.
