Industrial Engineering Company for Construction and Development reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EGP 575.1 million compared to EGP 558.44 million a year ago. Net income was EGP 51.91 million compared to EGP 42.75 million a year ago. Basic earnings per share from continuing operations was EGP 0.3583 compared to EGP 0.2917 a year ago.
For the nine months, sales was EGP 1,636.48 million compared to EGP 1,565.29 million a year ago. Net income was EGP 111.16 million compared to EGP 116.42 million a year ago. Basic earnings per share from continuing operations was EGP 0.7667 compared to EGP 0.8 a year ago.