{"id":567865,"date":"2020-12-09T03:48:13","date_gmt":"2020-12-09T03:48:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/"},"modified":"2020-12-09T03:48:13","modified_gmt":"2020-12-09T03:48:13","slug":"ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/","title":{"rendered":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020"},"content":{"rendered":"

Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020<\/strong>, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf)<\/a>. Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[130,302,409,72,589,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567865","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-construction","tag-earnings","tag-earnings-watch","tag-enterpriseam","tag-ezz-steel","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"1c779773-4fae-45ce-a971-9ef2bb408b54","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567846],"teaser":"","voice_url":""},"yoast_head":"\nEzz Steel losses narrow to EGP 1.3 bn in 3Q2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\" \/>\n<meta property=\"og:description\" content=\"Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-09T03:48:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\",\"datePublished\":\"2020-12-09T03:48:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"},\"wordCount\":44,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"earnings\",\"earnings watch\",\"EnterpriseAM\",\"Ezz Steel\",\"Manufacturing\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\",\"name\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-09T03:48:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/","og_locale":"en_US","og_type":"article","og_title":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020","og_description":"Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). 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Revenues were down 11% y-o-y to EGP 4.3 bn.Al Ezz Dekheila Steel reported consolidated net losses of EGP 1.2 bn in 3Q2020, widening\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":618551,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/16\/ezz-steel-turns-to-losses-in-2023-despite-revenue-growth\/","url_meta":{"origin":567865,"position":1},"title":"Ezz Steel turns to losses in 2023 despite revenue growth","author":"enterpriseam admin","date":"16 April 2024","format":false,"excerpt":"Revenues rose on the back of record exports as the company moved away from domestic sales","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/949.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643625,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/11\/ezz-steel-sees-bottom-line-jump-fourfold-in-the-first-half-of-the-year\/","url_meta":{"origin":567865,"position":2},"title":"Ezz Steel sees bottom line jump fourfold in the first half of the year","author":"enterpriseam admin","date":"11 September 2024","format":false,"excerpt":"The company also responded to the EU\u2019s anti-dumping probe","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/815.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633243,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/ezz-steel-finishes-1q-2024-in-the-green-following-2023-losses\/","url_meta":{"origin":567865,"position":3},"title":"Ezz Steel finishes 1Q 2024 in the green following 2023 losses","author":"enterpriseam admin","date":"10 July 2024","format":false,"excerpt":"Revenues were up 80% y-o-y during the period","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/815.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575000,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/al-ezz-dekheila-steel-reports-egp-1-2-bn-losses-in-2q2020\/","url_meta":{"origin":567865,"position":4},"title":"Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP 648 mn in 2Q2019, according to its latest earnings (pdf). The company reported losses of EGP 1.1 bn in 1Q2020. 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