Ezz Steel Company (S.A.E) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 19,856.08 million compared to EGP 16,918.82 million a year ago. Net income was EGP 1,842.12 million compared to EGP 799.79 million a year ago. Basic earnings per share from continuing operations was EGP 3.46 compared to EGP 1.5 a year ago.
For the six months, sales was EGP 38,496.6 million compared to EGP 30,417.19 million a year ago. Net income was EGP 2,600.98 million compared to EGP 1,583.54 million a year ago. Basic earnings per share from continuing operations was EGP 4.88 compared to EGP 2.97 a year ago.