Zahraa El Maadi Investment and Development Company SAE reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EGP 61.01 million compared to EGP 96.07 million a year ago. Net income was EGP 120.93 million compared to EGP 59.06 million a year ago. Basic earnings per share from continuing operations was EGP 0.19 compared to EGP 0.095 a year ago.
For the nine months, sales was EGP 113.45 million compared to EGP 122.86 million a year ago. Net income was EGP 211.02 million compared to EGP 128.51 million a year ago. Basic earnings per share from continuing operations was EGP 0.335 compared to EGP 0.205 a year ago.