Arabia Investments Holding reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 326.35 million compared to EGP 249.09 million a year ago. Net income was EGP 12.6 million compared to net loss of EGP 2.35 million a year ago. Basic earnings per share from continuing operations was EGP 0.0089 compared to basic loss per share from continuing operations of EGP 0.0016 a year ago.
For the six months, sales was EGP 604.28 million compared to EGP 570.01 million a year ago. Net income was EGP 21.82 million compared to EGP 33.78 million a year ago. Basic earnings per share from continuing operations was EGP 0.015 compared to EGP 0.0238 a year ago.