Arab Engineering Industries Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 04:04 am EDT
Arab Engineering Industries reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 30.87 million compared to EGP 30.15 million a year ago. Net income was EGP 3.59 million compared to EGP 5.23 million a year ago. Basic earnings per share from continuing operations was EGP 0.014 compared to EGP 0.02 a year ago.
For the six months, sales was EGP 60.77 million compared to EGP 52.9 million a year ago. Net income was EGP 6.51 million compared to EGP 8.93 million a year ago. Basic earnings per share from continuing operations was EGP 0.025 compared to EGP 0.034 a year ago.