Ezz Steel widens net loss to $36.32mn in Q2

By Yomna Yasser On Nov 5, 2015

Ezz Steel (ESRS.CA), Egypt’s biggest steelmaker, posted second quarter net loss of 291.63 million Egyptian pounds (US$36.32 million), up from 162.67 million pounds in the same period last year, the company announced Thursday.

The company also said its losses for the first half of the year were 437.57 million Egyptian pounds from 142.50 million pounds the year before.

Source: Reuters