Telecom Egypt Company S.A.E. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was EGP 7,941.446 million compared to EGP 6,608.992 million a year ago. Operating income was EGP 1,504.242 million compared to operating loss of EGP 33.473 million a year ago. Net income was EGP 746.488 million compared to EGP 512.186 million a year ago. Basic earnings per share was EGP 0.44 compared to EGP 0.3 a year ago. For the half year, sales was EGP 14,945.320 million compared to EGP 12,695.853 million a year ago. Operating income was EGP 2,728.060 million compared to EGP 1,142.307 million a year ago. Net income was EGP 2,058.615 million compared to EGP 2,124.302 million a year ago. Basic earnings per share was EGP 1.21 compared to EGP 1.24 a year ago.