Development & Engineering Consultants reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 74.89 million compared to EGP 16.29 million a year ago. Net income was EGP 18.81 million compared to EGP 4.61 million a year ago.
For the six months, sales was EGP 167.28 million compared to EGP 28.88 million a year ago. Net income was EGP 55.2 million compared to EGP 9.67 million a year ago. Basic earnings per share from continuing operations was EGP 2.13 compared to EGP 0.4 a year ago.