The Egyptian Satellite Company Nilesat reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 25.1 million compared to USD 28.54 million a year ago. Net income was USD 11.43 million compared to USD 2.89 million a year ago.
For the six months, sales was USD 50.15 million compared to USD 59.49 million a year ago. Net income was USD 18.71 million compared to USD 18.2 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.49 a year ago.