Ezz Steel Company (S.A.E) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EGP 22,147.04 million compared to EGP 18,639.22 million a year ago. Net income was EGP 1,080.88 million compared to EGP 897 million a year ago. Basic earnings per share from continuing operations was EGP 2.03 compared to EGP 1.68 a year ago.
For the nine months, sales was EGP 60,643.64 million compared to EGP 49,056.41 million a year ago. Net income was EGP 3,681.85 million compared to EGP 2,480.53 million a year ago. Basic earnings per share from continuing operations was EGP 6.91 compared to EGP 4.65 a year ago.