MM Group for Industry and International Trade S.A.E. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EGP 1,465.55 million compared to EGP 2,241.82 million a year ago. Net income was EGP 72.33 million compared to EGP 86.67 million a year ago. Basic earnings per share was EGP 0.048 compared to EGP 0.056 a year ago.
For the nine months, sales was EGP 5,087.14 million compared to EGP 7,077.95 million a year ago. Net income was EGP 215.87 million compared to EGP 328.39 million a year ago. Basic earnings per share was EGP 0.144 compared to EGP 0.224 a year ago.