Industrial Engineering Company for Construction and Development reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 468.47 million compared to EGP 548.93 million a year ago. Net income was EGP 35.11 million compared to EGP 30.2 million a year ago. Basic earnings per share from continuing operations was EGP 0.29 compared to EGP 0.25 a year ago.
For the six months, sales was EGP 1,061.38 million compared to EGP 1,006.85 million a year ago. Net income was EGP 59.25 million compared to EGP 73.67 million a year ago. Basic earnings per share from continuing operations was EGP 0.49 compared to EGP 0.61 a year ago.