GB Corp reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 6,009.9 million compared to EGP 7,833.76 million a year ago. Net income was EGP 500.56 million compared to EGP 490.47 million a year ago. Basic earnings per share from continuing operations was EGP 0.458 compared to EGP 0.449 a year ago.
For the six months, sales was EGP 10,751.38 million compared to EGP 15,675.85 million a year ago. Net income was EGP 608.25 million compared to EGP 719.86 million a year ago. Basic earnings per share from continuing operations was EGP 0.56 compared to EGP 0.661 a year ago.