Ezz Steel posts Q3 loss of 285 mln Egyptian pounds

Ezz Steel, Egypt's biggest steel maker, posted a third-quarter net loss of 285.38 million Egyptian pounds ($37.43 million) versus a loss of 84.1 million a year earlier, a statement on the Egyptian bourse said.

For the nine months to September 30, Ezz posted a net loss of 461 million Egyptian pounds versus a net profit of 218 million a year earlier.