Arab Co.,for asset management and development reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 0.399104 million compared to EGP 0.259726 million a year ago. Net loss was EGP 1.18 million compared to EGP 0.950712 million a year ago.
For the nine months, sales was EGP 1.32 million compared to EGP 0.779176 million a year ago. Net loss was EGP 3.83 million compared to EGP 3.39 million a year ago. Basic loss per share from continuing operations was EGP 0.003 compared to EGP 0.002 a year ago.