Egyptian Resorts Company (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 3.38 million compared to EGP 28.64 million a year ago. Revenue was EGP 33.36 million compared to EGP 61.9 million a year ago. Net income was EGP 12.91 million compared to EGP 7.91 million a year ago. Basic earnings per share from continuing operations was EGP 0.01 compared to EGP 0.01 a year ago.
For the nine months, sales was EGP 17.86 million compared to EGP 30.43 million a year ago. Revenue was EGP 89.26 million compared to EGP 97.1 million a year ago. Net loss was EGP 64.3 million compared to EGP 4.83 million a year ago. Basic loss per share from continuing operations was EGP 0.06.