Orascom Development Egypt (S.A.E) announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was EGP 1,722.5 million compared to EGP 1,317.5 million a year ago. Net income was EGP 188.4 million compared to EGP 205.2 million a year ago. Basic earnings per share from continuing operations was EGP 0.17 compared to EGP 0.18 a year ago. For the full year, sales was EGP 4,986.7 million compared to EGP 4,659.9 million a year ago. Net income was EGP 532.2 million compared to EGP 678.6 million a year ago. Basic earnings per share from continuing operations was EGP 0.48 compared to EGP 0.61 a year ago.