Rakta Paper Manufacturing Company reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported revenue was EGP 0.053327 million compared to EGP 0.132276 million a year ago. Net loss was EGP 10.58 million compared to EGP 16.08 million a year ago. Basic loss per share from continuing operations was EGP 0.35 compared to EGP 0.54 a year ago.
For the nine months, revenue was EGP 0.203207 million compared to EGP 0.39584 million a year ago. Net loss was EGP 57.56 million compared to EGP 66.04 million a year ago. Basic loss per share from continuing operations was EGP 1.92 compared to EGP 2.2 a year ago.