Real Estate Egyptian Consortium 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 6.48 million compared to EGP 1.3 million a year ago. Revenue was EGP 6.51 million compared to EGP 0.637025 million a year ago. Net income was EGP 6.01 million compared to EGP 89.06 million a year ago. Basic earnings per share from continuing operations was EGP 0.015 compared to EGP 0.22 a year ago.
For the nine months, sales was EGP 28.61 million compared to EGP 11.93 million a year ago. Revenue was EGP 28.88 million compared to EGP 15.44 million a year ago. Net income was EGP 14.85 million compared to EGP 99.88 million a year ago. Basic earnings per share from continuing operations was EGP 0.037 compared to EGP 0.25 a year ago.