Profits at Egypt’s EZDK plunge in H1

First-half profits at Egyptian steel producer Al Ezz Dekheila Steel Co (EZDK) slumped by 95% year-on-year, the company said in a filing with the Egyptian Stock Exchange on Sunday September 14.

The steelmaker’s profits for January-June totalled E£38.6 million ($5.3 million), compared with E£705.3 million ($97.4 million) in the first half of...


Serife Durmus

September 15, 2014

08:06 GMT