The Egyptian Satellite Company Nilesat reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 24.39 million compared to USD 27.18 million a year ago. Net income was USD 11.54 million compared to USD 2.11 million a year ago.
For the nine months, sales was USD 74.54 million compared to USD 86.67 million a year ago. Net income was USD 30.24 million compared to USD 20.31 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.54 a year ago.