Orascom Investment Holding S.A.E. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 39.24 million compared to EGP 30.62 million a year ago. Net loss was EGP 22.81 million compared to net income of EGP 18.53 million a year ago. Basic loss per share from continuing operations was EGP 0.0043 compared to basic earnings per share from continuing operations of EGP 0.0035 a year ago.
For the six months, sales was EGP 76.96 million compared to EGP 38.69 million a year ago. Net income was EGP 86.14 million compared to EGP 94.89 million a year ago. Basic earnings per share from continuing operations was EGP 0.0164 compared to EGP 0.0087 a year ago.