REG - EZZ Steel Company - Forex Losses

Ezz Steel Co SAEAnnouncement

02/03/2023 09:15

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RNS Number : 6693R  EZZ Steel Company - S.A.E.  02 March 2023

EZZ Steel Company - S.A.E.

Cairo, 2 March 2023 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD),

In response to inquiries from a number of investors and research departments
of investment banks about foreign exchange losses, the company estimates
(tentatively) that Forex losses for 4Q22 to be EGP 3.043 billion, and for the
period from 1 January 2023 to 1 March 2023 to be EGP 5.281 billion.

Investor Relations

 

 

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