Egypt Iron and Steel net jumped 80 percent
The Egyptian stock exchange reported Monday that Egyptian Iron and Steel Co's IRON.CA net profit jumped 80.4 percent to 355.71 million Egyptian pounds ($65.1 million) in the financial year ended June
A stock exchange statement gave no further details.
The state-controlled company, Egypt's third-biggest listed steel company, has been going through a restructuring plan led by the Ministry of Investment.
Shares in the firm, which has a market capitalisation of 9.89 billion pounds, were trading 2 percent lower at 20.11 pounds by 1134 GMT