Egyptian Resorts Company (S.A.E) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was EGP 62.24 million compared to sales of EGP 5.59 million a year ago. Negative revenue was EGP 32.46 million compared to revenue of EGP 31.47 million a year ago. Net loss was EGP 46.77 million compared to EGP 3.53 million a year ago. Basic loss per share from continuing operations was EGP 0.044 compared to EGP 0.003 a year ago.
For the six months, negative sales was EGP 43.09 million compared to sales of EGP 14.48 million a year ago. Revenue was EGP 5.18 million compared to EGP 55.9 million a year ago. Net loss was EGP 52.14 million compared to EGP 77.2 million a year ago. Basic loss per share from continuing operations was EGP 0.049 compared to EGP 0.073 a year ago.