Ezz Steel
The company anticipates that the investigation will be extensive due to the involvement of multiple countries and the detailed information required.
She added Thursday that the company achieved exports totaling around $1.5 billion in 2023, and it is expected that the company's exports will reach $1.75 billion by the end of 2024.
The company added in a statement to the Egyptian Stock Exchange (EGX), Sunday, that its sales declined to LE 45.71 billion, compared to LE 49.116 billion in 2018.
Steel tycoon and politician Ahmed Ezz, known for his Mubarak-era corruption and embezzlement cases, is our spotlight guest.
The company's liquidity stood at LE 5.02 billion, while net debts reached LE 18.9 billion.
EGX closed Wednesday’s session in the red, hurt by the Arab and foreign sales. Total turnover dropped to LE 733.6 million from LE 1.3 billion achieved Tuesday.
Egypt’s aggregate earnings are likely to rise by 46 percent year-on-year to LE 11.6 billion in the second quarter of 2017.
