Arabia Investments Holding reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 335.06 million compared to EGP 329.65 million a year ago. Net income was EGP 5.33 million compared to EGP 10.04 million a year ago. Basic earnings per share from continuing operations was EGP 0.0038 compared to EGP 0.0084 a year ago.
For the nine months, sales was EGP 939.34 million compared to EGP 899.66 million a year ago. Net income was EGP 27.15 million compared to EGP 43.81 million a year ago. Basic earnings per share from continuing operations was EGP 0.0191 compared to EGP 0.032 a year ago.