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FINANCIAL NEWS
Egypt’s public enterprises reach USD16bn
28 Jun 2016
(MENAFN) Industrial production of public sector enterprises posted USD16bn in financial year 2014/15 against USD 15.64bn a year earlier, making 0.7 percent increase.
Accordingly, the net added value touched almost USD 10.63bn in the cited years, versus USD 12.84bn a year before, posting 17.3 percent drop.
Meanwhile, the production volume of steel and iron touch USD 0.27bn in 2014-15 compared to USD 0.24bn in 2013-14m, recording 12 percent increase.
On the other hand, the production volume of oil industry declined by 0.8 percent to USD 9.81bn against USD 9.89bn a year earlier.
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