Increase in income and improvement of steel profitability The Mubaraka Steel Company of Isfaia, with the symbol "Steel" and a market value of about 795 hammets, managed to record in the summer season of 1405 an operating profit of 1,675,255 billion Rials, showing a growth of 101% compared to the spring season and an increase of 120% compared to the summer of last year. In this way, the company's total operating profit reached 2,509,421 billion Rials in the spring and summer seasons of this year. In terms of profitability, "Fold" managed to realize in the summer season a net profit of 471.272 billion Rials which shows a growth of 262% compared to the spring season and an increase of 412% compared to the corresponding period last year. The company's total net profit reached 601,628 billion riyals in both the spring and summer seasons. In the summer season, the company's gross profit rate reached 30.9%, the operating profit rate reached 28.8% and the net profit margin reached 28.1%. Despite the 55% growth in gross profit compared to the spring season, the gross profit rate increased from 39.9% to 30%. It fell by 9%. However, the increase in the operating profit margin from 23.7% to 28.8% and the net profit rate from 15.6% to 28.1% shows that the company's profitability performance has improved at the operating and net levels. The company's earnings per share (EPS) in the summer season reached 244 riyals, which shows a growth of 294% compared to a profit of 62 riyals in the spring season. Also, the profit per share of "Fold" experienced an increase of 408% compared to the figure of 48 riyals in the summer of last year, which indicates a significant improvement in the company's profitability compared to the corresponding period last year. Yes Instagram LinkedIn Bonus app 021-58718.