MM Group for Industry and International Trade S.A.E. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 2,939.84 million compared to EGP 1,465.55 million a year ago. Net income was EGP 179.11 million compared to EGP 72.33 million a year ago. Basic earnings per share was EGP 0.12 compared to EGP 0.05 a year ago.
For the nine months, sales was EGP 7,990.6 million compared to EGP 5,087.14 million a year ago. Net income was EGP 473.91 million compared to EGP 215.87 million a year ago. Basic earnings per share was EGP 0.32 compared to EGP 0.15 a year ago.