United Co. for Housing & Development - 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 69.5 million compared to EGP 48.5 million a year ago. Net income was EGP 27.47 million compared to EGP 30.88 million a year ago. Basic earnings per share from continuing operations was EGP 0.11 compared to EGP 0.12 a year ago.
For the six months, sales was EGP 108.68 million compared to EGP 135.73 million a year ago. Net income was EGP 33.33 million compared to EGP 57.4 million a year ago. Basic earnings per share from continuing operations was EGP 0.13 compared to EGP 0.22 a year ago.