Kafr El Zayat Pesticides & Chemicals Co.(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 678.95 million compared to EGP 342.81 million a year ago. Net income was EGP 34.16 million compared to EGP 1.58 million a year ago. Basic earnings per share from continuing operations was EGP 0.19 compared to EGP 0.01 a year ago.
For the nine months, sales was EGP 1,669.04 million compared to EGP 1,054.75 million a year ago. Net income was EGP 176 million compared to EGP 80.01 million a year ago. Basic earnings per share from continuing operations was EGP 0.98 compared to EGP 0.67 a year ago.