Obour Land for Food Industries S.A.E. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 01:14 pm EDT
Obour Land for Food Industries 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 1,486.16 million compared to EGP 873.87 million a year ago. Net income was EGP 96.93 million compared to EGP 90.23 million a year ago. Basic earnings per share from continuing operations was EGP 0.2 compared to EGP 0.2 a year ago.
For the six months, sales was EGP 2,956.48 million compared to EGP 1,797.68 million a year ago. Net income was EGP 212.1 million compared to EGP 180.85 million a year ago. Basic earnings per share from continuing operations was EGP 0.45 compared to EGP 0.39 a year ago.