Cairo – Mubasher: Egyptian Iron and Steel (HADISOLB) reported a 7.33% growth in local sales in the nine months ended March 2017.
HADISOLB achieved total sales of EGP 894.36 million in the first nine months of fiscal year 2016/2017, compared to EGP 833.2 million in the same period of FY15/16, according to a filing to the Egyptian Exchange (EGX).
Export sales rose 70.4% to $13.29 million in the nine months of FY16/17, compared to $7.8 million in FY15/16, the company added.
Total sales reached EGP 122.25 million in March 2017.