Fawry for Banking Technology and Electronic Payments S.A.E. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EGP 675.7 million compared to EGP 483 million a year ago. Net income was EGP 123.28 million compared to EGP 28.16 million a year ago.

Basic earnings per share from continuing operations was EGP 0.04 compared to EGP 0.02 a year ago. Diluted earnings per share from continuing operations was EGP 0.04 compared to EGP 0.02 a year ago.