Real Estate Egyptian Consortium 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 17.35 million compared to EGP 7.59 million a year ago. Net income was EGP 10.28 million compared to EGP 2.63 million a year ago. Basic earnings per share from continuing operations was EGP 0.026 compared to EGP 0.006 a year ago.
For the six months, sales was EGP 28.15 million compared to EGP 22.12 million a year ago. Net income was EGP 12.99 million compared to EGP 8.85 million a year ago. Basic earnings per share from continuing operations was EGP 0.032 compared to EGP 0.02 a year ago.