Cairo for Investment & Real Estate Development S.A.E. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was EGP 700.82 million compared to EGP 520.17 million a year ago. Net income was EGP 130.31 million compared to EGP 140.21 million a year ago. Basic earnings per share from continuing operations was EGP 0.19 compared to EGP 0.41 a year ago.
For the nine months, sales was EGP 2,006.31 million compared to EGP 1,464.03 million a year ago. Net income was EGP 350.59 million compared to EGP 423.56 million a year ago. Basic earnings per share from continuing operations was EGP 0.51 compared to EGP 0.62 a year ago.