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Ezz Steel posts Q3 loss of 285 mln Egyptian pounds

Reuters , Tuesday 17 Feb 2015
Ezz steel
A worker operates a furnace at a factory belonging to Ezz Steel, Egypt's largest steel producer, at an industrial complex in Sadat City, 94 km (58 miles) north of Cairo (Photo: Reuters)
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Ezz Steel, Egypt's biggest steel maker, posted a third-quarter net loss of 285.38 million Egyptian pounds ($37.43 million) versus a loss of 84.1 million a year earlier, a statement on the Egyptian bourse said.

For the nine months to September 30, Ezz posted a net loss of 461 million Egyptian pounds versus a net profit of 218 million a year earlier.

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