Sunday 06/27/2021 1:20:00 PM
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ArabFinance: United Arab Stevedoring Company’s (UASG) ordinary general assembly approved the estimated budget for fiscal year (FY) 2021/2022, according to the company’s statement to the Egyptian Exchange on June 27
th.
The company eyes EGP 22.4 million in revenues, and a net loss of EGP 10.53 million in FY 2021/2022.
The unaudited financial statements showed that the company incurred a net loss of EGP 21.44 million by the end of March 2021, compared to EGP 22.65 million in the same period of the prior year.
United Arab Stevedoring, formerly United Arab Shipping Company, is an Egypt-based company engaged in the marine port services industry sector.
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ArabFinance:
Misr National Steel (Ataqa) (ATQA) suffered a net loss of EGP 4.52 million in 2020, against a net profit of EGP 13.89 million in 2019, according to the company’s statement to the Egyptian Exchange on March 1
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During the first nine months of 2020, the company’s net profit stood at EGP 20.24 million.
ATAQA is an Egypt-based company engaged in the manufacture of reinforced steel bars according to Egyptian and international standards in different sizes and thicknesses.