Ezz Steel Company (S.A.E) reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EGP 50,164.82 million compared to EGP 27,849.35 million a year ago. Net income was EGP 910.29 million compared to net loss of EGP 1,660.38 million a year ago.

Basic earnings per share from continuing operations was EGP 1.71 compared to basic loss per share from continuing operations of EGP 3.12 a year ago. Diluted earnings per share from continuing operations was EGP 1.71 compared to diluted loss per share from continuing operations of EGP 3.12 a year ago.