Arab Engineering Industries reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EGP 29.54 million compared to EGP 21.79 million a year ago. Net income was EGP 4.86 million compared to EGP 3.51 million a year ago. Basic earnings per share from continuing operations was EGP 0.018 compared to EGP 0.0135 a year ago.
For the nine months, sales was EGP 82.45 million compared to EGP 53.64 million a year ago. Net income was EGP 13.79 million compared to EGP 6.39 million a year ago. Basic earnings per share from continuing operations was EGP 0.0525 compared to EGP 0.0248 a year ago.