Zahraa El Maadi Investment and Development Company SAE reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 197.3 million compared to EGP 200.07 million a year ago. Net income was EGP 101.98 million compared to EGP 106.54 million a year ago. Basic earnings per share from continuing operations was EGP 0.15 compared to EGP 0.15 a year ago.
For the nine months, sales was EGP 422.86 million compared to EGP 371.53 million a year ago. Net income was EGP 219.02 million compared to EGP 216.27 million a year ago. Basic earnings per share from continuing operations was EGP 0.34 compared to EGP 0.34 a year ago.