Arab Finance: A company announced Iron and steel for mines and quarries (ISMQ)Achieving total sales during the month of December, at a value of 128,581,224 pounds, according to Statement The Egyptian Stock Exchange.
She added that sales of marine oasis mines during November amounted to 128.58 million pounds, the value of sales of Bani Khalid quarries – Samalout recorded about 15.82 thousand pounds, while sales of literary quarries – Suez amounted to 382.59 thousand pounds.
On the results of her business on the end of the financial period in 30/09/2024Which showed a net profit achievement of 23.7 million pounds compared to 28.3 million pounds, while the current activity revenues amounted to 84 million pounds
Iron and steel company for mines and quarries is an Egyptian joint stock company with a legal characteristic affiliated to the Holding Company for Mineral Industries – the Ministry of Public Business Sector in order to extract and exploit iron ore, all other metal materials, quarry materials and trafficking in them internally and externally, and the work of economic feasibility studies for metal materials in research areas and mining projects inside Egypt And outside, in addition to the exploitation of the company's business areas, commercially, industrial, agricultural and tourist exploitation with the intention of achieving profit.
Iron and steel company for mines and quarries works in the fields of geological exploration and optimal mining investment for different mining and quarry materials for the areas of the current company and other new regions. The company is also exploring and exploiting other materials in new existence, improving its specifications, preparing its economic feasibility studies and trafficking through new mining projects at the local or regional level either alone or in partnership with related local or international institutions and companies.
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