Al Ahly for Development & Investment reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 3.3 million compared to EGP 1.62 million a year ago. Revenue was EGP 31.24 million compared to EGP 15.78 million a year ago. Net income was EGP 6.3 million compared to EGP 1.48 million a year ago. Basic earnings per share from continuing operations was EGP 0.35 compared to EGP 0.08 a year ago.
For the nine months, sales was EGP 9.08 million compared to EGP 4.39 million a year ago. Revenue was EGP 94.7 million compared to EGP 54.14 million a year ago. Net income was EGP 22.29 million compared to EGP 2.3 million a year ago. Basic earnings per share from continuing operations was EGP 1.24 compared to EGP 0.13 a year ago.