Cairo – Mubasher: Egyptian Iron and Steel’s (HADISOLB) local sales inched up 0.8% year-on-year during fiscal year 2016/2017, according to a statement on Sunday.
The firm achieved annual sales of EGP 1.19 billion during FY16/17, versus EGP 1.18 billion in the prior fiscal year.
Local sales amounted to EGP 69.7 million in June 2017, while exports reached EGP 21.9 million.
Losses declined 7.5% to EGP 441.7 million in the nine months ended March 2017, compared to EGP 477.6 million in the corresponding period last year.
