Development & Engineering Consultants reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 83.66 million compared to EGP 17.94 million a year ago. Net loss was EGP 38.72 million compared to net income of EGP 1.51 million a year ago.
For the nine months, sales was EGP 298.95 million compared to EGP 46.83 million a year ago. Net income was EGP 42.08 million compared to EGP 23.86 million a year ago. Basic earnings per share from continuing operations was EGP 1.72 compared to EGP 0.99 a year ago.