Al Ezz Dekheila Steel Company – Alexandria posted higher profits year-on-year in the third quarter which ended on September 30, 2017, Invest-Gate reports.

Consolidated net profits attributable to shareholders reached EGP 535 mn in Q3-17, compared to EGP 176 mn in Q3-17.

Consolidated net sales amounted to EGP 9.83 bn in Q3-17, compared to EGP 4.21 bn in Q3-16.

In the first nine months of 2017, consolidated net profits fell to 239.54 mn from EGP 506.73 mn in the same period of 2016