Orascom Development Egypt (S.A.E) reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was EGP 3,588.9 million compared to EGP 2,153.1 million a year ago. Net income was EGP 289.1 million compared to EGP 87.9 million a year ago.

Basic earnings per share from continuing operations was EGP 0.26 compared to EGP 0.08 a year ago.