Misr National Steel ATQA reported earnings results for the third quarter and nine months of 2016. For the quarter, the company reported a profit decline of 38.7%. Profits reached about EGP 27 million, compared with EGP 44 million during the same period of the previous year. For the nine months, the company's profits were nearly EGP 44 million, down 45% year on year from approximately EGP 80 million.