Arab Moltaqa Investments Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 389.91 million compared to EGP 111.11 million a year ago. Net income was EGP 48.12 million compared to EGP 12.38 million a year ago. Basic earnings per share from continuing operations was EGP 0.07 compared to EGP 0.0157 a year ago.
For the nine months, sales was EGP 929.65 million compared to EGP 559.27 million a year ago. Net income was EGP 78.25 million compared to EGP 79.85 million a year ago. Basic earnings per share from continuing operations was EGP 0.09 compared to EGP 0.09 a year ago.