Alexandria Spinning & Weaving Co. reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was EGP 58.23 million compared to EGP 43.38 million a year ago. Net income was EGP 12.68 million compared to EGP 3.41 million a year ago. Basic earnings per share from continuing operations was EGP 0.039 compared to EGP 0.011 a year ago.
For the six months, sales was EGP 93.55 million compared to EGP 79.3 million a year ago. Net income was EGP 13.83 million compared to EGP 5.38 million a year ago. Basic earnings per share from continuing operations was EGP 0.043 compared to EGP 0.017 a year ago.