Alexandria Spinning & Weaving Co. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was EGP 93.74 million compared to EGP 43.1 million a year ago. Net income was EGP 56.04 million compared to EGP 11.37 million a year ago. Basic earnings per share from continuing operations was EGP 0.175 compared to EGP 0.035 a year ago.
For the nine months, sales was EGP 187.29 million compared to EGP 122.4 million a year ago. Net income was EGP 69.87 million compared to EGP 16.75 million a year ago. Basic earnings per share from continuing operations was EGP 0.218 compared to EGP 0.052 a year ago.