Rakta Paper Manufacturing Company reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported revenue was EGP 0.132276 million compared to EGP 8.44 million a year ago. Net loss was EGP 15.34 million compared to EGP 28.75 million a year ago. Basic loss per share from continuing operations was EGP 0.51 compared to EGP 0.96 a year ago.
For the nine months, revenue was EGP 0.39584 million compared to EGP 8.94 million a year ago. Net income was EGP 382.46 million compared to net loss of EGP 74.85 million a year ago. Basic earnings per share from continuing operations was EGP 12.75 compared to basic loss per share from continuing operations of EGP 2.5 a year ago.