Heliopolis Co. for Housing & Development reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 134.21 million compared to EGP 1,491.84 million a year ago. Net income was EGP 5.22 million compared to EGP 635.07 million a year ago. Basic earnings per share from continuing operations was EGP 0.004 compared to EGP 0.48 a year ago.
For the six months, sales was EGP 225.13 million compared to EGP 1,543.78 million a year ago. Net income was EGP 24.61 million compared to EGP 638.24 million a year ago. Basic earnings per share from continuing operations was EGP 0.018 compared to EGP 0.48 a year ago.