The meeting highlighted the group’s improving operational efficiency and financial performance, reinforcing the government’s broader strategy to modernise state-owned industrial enterprises through stronger governance, technology adoption and targeted investment. El Nasr Automotive Manufacturing Company: its first recorded annual net profit , reaching approximately EGP 150 million . Reviewing the results, Dr. Eissa described the Metallurgical Industries Holding Company as one of Egypt’s strongest-performing state-owned holding companies during the current fiscal year, commending management’s efforts to improve financial performance and accelerate industrial development. The return to profitability by previously loss-making companies, particularly in the automotive and copper manufacturing sectors, illustrates the early impact of restructuring efforts aimed at restoring commercial viability across state-owned industrial enterprises. AnalysisThe Metallurgical Industries Holding Company’s latest results represent one of the strongest financial performances recorded by an Egyptian state-owned industrial holding company in recent years.