Cairo – Mubasher: Al Ezz Dekheila Steel - Alexandria achieved consolidated net profits after tax of EGP 5.83 billion in 2021, versus net losses of EGP 4.67 billion a year earlier, including minority shareholders' rights.
Earnings per share stood at EGP 298.06 last year, against a loss per share worth EGP 244.97 in 2020, the financial results showed on Thursday.
Net consolidated sales soared to EGP 61.21 billion in 2021 from EGP 33.94 billion in the prior year.
As for standalone financial results, the company achieved net profits after tax of EGP 3.60 billion last year, against net losses of EGP 878.53 million in 2020.
Earnings per share amounted to EGP 184.97 at the end of 2021, versus a loss per share of EGP 45.97 a year earlier.
Net standalone sales increased to EGP 47.93 billion during January-December 2021 from EGP 34.40 billion in the prior-year period.
It is worth noting that in the first nine months (9M) of 2021, the company achieved consolidated net profits worth EGP 3.23 billion, against losses of EGP 3.47 billion in the corresponding period of 2020.
