AJWA For Food Industries Co. Egypt reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 436.79 million compared to EGP 443.01 million a year ago. Net income was EGP 45.17 million compared to net loss of EGP 3.55 million a year ago. Basic earnings per share from continuing operations was EGP 2.25 compared to basic loss per share from continuing operations of EGP 0.18 a year ago.
For the nine months, sales was EGP 1,499.89 million compared to EGP 1,302.66 million a year ago. Net income was EGP 73.25 million compared to EGP 39.56 million a year ago. Basic earnings per share from continuing operations was EGP 3.65 compared to EGP 1.97 a year ago.