Sinai Cement Co. (S.A.E) reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was EGP 1,756.96 million compared to EGP 862.39 million a year ago. Net income was EGP 2,097 million compared to net loss of EGP 41.73 million a year ago. Basic earnings per share from continuing operations was EGP 15.76 compared to basic loss per share from continuing operations of EGP 0.31 a year ago.
For the nine months, sales was EGP 4,441.9 million compared to EGP 3,225.52 million a year ago. Net income was EGP 2,748.32 million compared to net loss of EGP 121.45 million a year ago. Basic earnings per share from continuing operations was EGP 20.65 compared to basic loss per share from continuing operations of EGP 0.91 a year ago.