Bloomberg News

Ezz Aldekhela Steel 2011 Net Increases 4.2%

March 29, 2012

(Corrects profit increase in headline.)

Ezz Aldekhela Steel, an Egyptian manufacturer of the metal, said 2011 profit rose 4.2 percent.

Net income increased to 696.9 million Egyptian pounds compared with 668.7 million pounds a year earlier, the Alexandria, Egypt-based company said in a filing to the Egyptian bourse today.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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