Arab Finance: A company announced Iron and steel for mines and quarries (ISMQ)On the results of her uninterrupted work for the financial period ending on 12/12/2024, which showed a net profit achievement of 154.914 million pounds for a net profit of 73.778 million pounds for the same period in the previous year, according to Statement The Egyptian Stock Exchange.
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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