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Arab Finance - News - Ataqa swings to loss


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
st.
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.
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