Misr National Steel - Ataqa reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 789.29 million compared to EGP 651.81 million a year ago. Net income was EGP 182.82 million compared to EGP 28.76 million a year ago. Basic earnings per share from continuing operations was EGP 0.152 compared to EGP 0.024 a year ago.
For the nine months, sales was EGP 1,711.97 million compared to EGP 1,995.22 million a year ago. Net income was EGP 593.57 million compared to EGP 115.51 million a year ago. Basic earnings per share from continuing operations was EGP 0.495 compared to EGP 0.096 a year ago.