ODIN Investments (S.A.E) reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was EGP 9.87 million compared to EGP 1.94 million a year ago. Revenue was EGP 23.47 million compared to EGP 3.84 million a year ago. Net income was EGP 3.15 million compared to net loss of EGP 0.418327 million a year ago. Basic earnings per share from continuing operations was EGP 0.006 compared to basic loss per share from continuing operations of EGP 0.004 a year ago.
For the six months, sales was EGP 22.3 million compared to EGP 2.76 million a year ago. Revenue was EGP 54.12 million compared to EGP 5.81 million a year ago. Net income was EGP 17.76 million compared to net loss of EGP 5.23 million a year ago. Basic earnings per share from continuing operations was EGP 0.036 compared to basic loss per share from continuing operations of EGP 0.05 a year ago.