Ismailia Development and Real Estate Co reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 0.2292 million compared to EGP 5.68 million a year ago. Net income was EGP 0.040982 million compared to EGP 4.34 million a year ago. Basic earnings per share from continuing operations was EGP 0.001 compared to EGP 0.117 a year ago.
For the nine months, sales was EGP 0.6492 million compared to EGP 5.93 million a year ago. Net loss was EGP 0.171614 million compared to net income of EGP 3.59 million a year ago. Basic loss per share from continuing operations was EGP 0.005 compared to basic earnings per share from continuing operations of EGP 0.097 a year ago.