Real Estate Egyptian Consortium 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 3.3 million compared to EGP 6.48 million a year ago. Net loss was EGP 0.111243 million compared to net income of EGP 6.01 million a year ago. Basic loss per share from continuing operations was EGP 0.0003.
For the nine months, sales was EGP 31.45 million compared to EGP 28.61 million a year ago. Net income was EGP 12.88 million compared to EGP 14.85 million a year ago. Basic earnings per share from continuing operations was EGP 0.032 compared to EGP 0.037 a year ago.