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Ezz Steel posts 2015 net loss of $47mEgypt's Ezz Steel posted a full year net loss of E£418.03 million ($47 million) in 2015, compared with a E£696.56 million loss reported the year before. The company's sales fell to E£16.641 billion in 201 More… |
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Ezz Steel output hit by forex shortagesEgypt's largest steel maker Ezz Steel's first-quarter net loss increased to EGP136 million ($17 million) from EGP19 million ($2.4 million) in the same period last year, hit by foreign currency shortages, the company said on Thursday. More… |
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Ezz Steel output hit by forex shortagesEgypt's largest steel maker Ezz Steel's first-quarter net loss increased to EGP136 million ($17 million) from EGP19 million ($2.4 million) in the same period last year, hit by foreign currency shortages, the company said on Thursday. More… |
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Ezz Steel posts Q3 loss of $37mEzz Steel, Egypt's biggest steel maker, posted a third-quarter net loss on Tuesday that widened to E£285.38 million ($37.43 million) from E£84.1 million a year earlier. The company said in a statement on the Egypti More… |
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Ezz Steel signs $236m facility to restructure debtEzz Steel, Egypt's largest steelmaker, has signed a long-term financing agreement with two banks worth EGP1.7 billion ($236 million) to help it restructure its debt. The loan will be repaid in quarterly instalments over seven More… |
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Ezz Steel posts $24m loss in H1Ezz Steel, Egypt's biggest steelmaker, posted a first-half net loss of E£176 million ($24.6 million), compared with a net profit of E£302 million ($42.1 million) a year earlier. "The first half of 2014 has bee More… |
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Ezz Steel Q2 net profit up 76pcEzz Steel, Egypt's biggest steel maker, said that consolidated net profit for the second quarter rose 76 per cent year-on-year and that a new plant it was building would increase earnings in coming years. "The strong dome More… |
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Ezz Steel to cut costs, increase profits in 2014Egypt's largest steel producer, Ezz Steel, said it expects its profit to increase in 2014 thanks to a new sponge iron factory that should shave $50 to $100 off the cost of each tonne of iron it produces. "We are working o More… |
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Ezz Steel posts $16m Q3 net lossEgypt's largest steel producer, Ezz Steel, reported a net loss of 110.05 million Egyptian pounds ($16.33 million) for the third quarter, the firm said in a bourse statement on Thursday. Ezz More… |
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Ezz Steel swings to first quarter profitEgypt's largest steel producer, Ezz Steel, swung to a profit in the first quarter as prices rose and a buoyant housing construction market absorbed growing volumes of long steel, the company said on Thursday. The results sugge More… |
