Misr Beni Suef Cement Co. 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 531.4 million compared to EGP 289.55 million a year ago. Net income was EGP 43.49 million compared to net loss of EGP 3.02 million a year ago. Basic earnings per share from continuing operations was EGP 0.41 compared to basic loss per share from continuing operations of EGP 0.04 a year ago.
For the six months, sales was EGP 807.73 million compared to EGP 725.93 million a year ago. Net income was EGP 104.85 million compared to EGP 44.63 million a year ago. Basic earnings per share from continuing operations was EGP 1.31 compared to EGP 0.57 a year ago.