Egyptian Iron and Steel reported earnings results for the first half ended June 30, 2014. For the period, the company reported that it cut its net loss to over EGP 326 million. In the corresponding period, the company posted a net loss of almost EGP 520 million.

The company reported that total sales for the period between July 1, 2014 and December 31, 2014 amounted to EGP 742 million, a year-on-year increase of 25%.