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IRAX reports EGP 5.8 billion in profits

Al Ezz Dekheila Steel (IRAX) reported a net profit of EGP 5.8 billion in 2021, compared to net losses of EGP 4.6 billion in 2020.

The company’s sales doubled to EGP 61.2 billion in 2021, compared to EGP 33.9 billion in 2020.