The Arab Dairy Products Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 428.69 million compared to EGP 261.69 million a year ago. Net income was EGP 28.42 million compared to EGP 17.04 million a year ago. Basic earnings per share from continuing operations was EGP 0.098 compared to EGP 0.064 a year ago.
For the six months, sales was EGP 899.64 million compared to EGP 554.49 million a year ago. Net income was EGP 50.47 million compared to EGP 20.34 million a year ago. Basic earnings per share from continuing operations was EGP 0.174 compared to EGP 0.079 a year ago.