Suez Canal Company for Technology Settling (S.A.E) reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was EGP 306.1 million compared to EGP 298.65 million a year ago. Net income was EGP 166.13 million compared to EGP 62.5 million a year ago. Basic earnings per share from continuing operations was EGP 1.83 compared to EGP 0.69 a year ago.
For the nine months, sales was EGP 1,181.25 million compared to EGP 1,070.04 million a year ago. Net income was EGP 772.8 million compared to EGP 517.23 million a year ago. Basic earnings per share from continuing operations was EGP 8.5 compared to EGP 5.69 a year ago.