Arabia Cotton Ginning Company reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was EGP 765.02 million compared to EGP 361.58 million a year ago. Net income was EGP 48.22 million compared to net loss of EGP 23.4 million a year ago.
For the nine months, sales was EGP 1,298.8 million compared to EGP 925.33 million a year ago. Net income was EGP 74.56 million compared to net loss of EGP 22.71 million a year ago.