Eastern Company S.A.E Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 30, 2023 at 11:09 am EDT
Eastern Company S.A.E reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was EGP 4,671.54 million compared to EGP 4,248.13 million a year ago. Net income was EGP 1,801.09 million compared to EGP 1,331.18 million a year ago. Basic earnings per share from continuing operations was EGP 0.75 compared to EGP 0.55 a year ago.
For the nine months, sales was EGP 14,609.46 million compared to EGP 12,781.18 million a year ago. Net income was EGP 5,290.29 million compared to EGP 4,251.96 million a year ago. Basic earnings per share from continuing operations was EGP 2.22 compared to EGP 1.76 a year ago.