Sales of Egyptian Iron and Steel fall to 1.11bn pounds in 11 months

Egyptian Iron and Steel Company (HADISOLB), the country’s largest public companies, reported Monday a fall in sales to record 1.11 billion Egyptian pounds during the first eleven months of financial year 2016/2017.

Earlier, sales jumped to 1.12 billion pounds during the first eleven months of financial year 2015/2016.

In May 2o17, sales registered 182.66 million pounds.

Sales also dropped to 968.9 million pounds during the first ten months of this financial year, compared with 1.018 billion pounds during the same period a year earlier.