El Sewedy Electric Company announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EGP 11,351.663 million compared to EGP 12,992.866 million a year ago. Operating income was EGP 1,311.481 million compared to EGP 1,061.213 million a year ago. Net income was EGP 817.509 million compared to EGP 828.952 million a year ago. Basic earnings per share from continuing operations was EGP 0.38 compared to EGP 0.38 a year ago. For the nine months, sales was EGP 31,470.004 million compared to EGP 34,546.495 million a year ago. Operating income was EGP 2,280.610 million compared to EGP 3,243.640 million a year ago. Net income was EGP 1,731.752 million compared to EGP 2,717.223 million a year ago. Basic earnings per share from continuing operations was EGP 0.8 compared to EGP 1.24 a year ago.