Remco Tourism Villages Construction reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 61.02 million compared to EGP 74.23 million a year ago. Net loss was EGP 124.91 million compared to EGP 124.5 million a year ago. Basic loss per share from continuing operations was EGP 0.51 compared to EGP 0.52 a year ago.
For the six months, sales was EGP 118.21 million compared to EGP 117.69 million a year ago. Net income was EGP 144.81 million compared to net loss of EGP 184.86 million a year ago. Basic earnings per share from continuing operations was EGP 0.59 compared to basic loss per share from continuing operations of EGP 0.25 a year ago.