Egypt News Latest news / The new formation of the board of directors of "Iron and Steel"



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The Egyptian Iron and Steel Corporation has announced the restructuring of the Board of Directors for the next session (2019-2022) for a period of 3 years starting in July.

The board of directors of the new stock exchange was restructured by Ehab Mohamed Abdul Aziz Mohamed, President and CEO, Ahmad Shireen Mohammed Abdul Hamid Karim, part-time member and Mahmoud Younis Samir Younis, part-time member.

The company's total sales in the first 11 months of the prior year decreased by 12.28 percent year-on-year to 1.025 billion pounds between early July and late May, compared with 1.168 billion pounds in the same period of the previous fiscal year.

Revenues from current activity during the 2018-2019 year amounted to 1.261 billion pounds.
Date: 2019-07-22

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