Heliopolis Co. for Housing & Development reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was EGP 51.95 million compared to EGP 185.78 million a year ago. Net income was EGP 3.17 million compared to EGP 100.83 million a year ago. Basic earnings per share from continuing operations was EGP 0.0024 compared to EGP 0.0755 a year ago.
For the nine months, sales was EGP 146.7 million compared to EGP 263.7 million a year ago. Net income was EGP 19.24 million compared to EGP 16.25 million a year ago. Basic earnings per share from continuing operations was EGP 0.014 compared to EGP 0.012 a year ago.