Orascom Development Holding AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CHF 188.88 million compared to CHF 145.88 million a year ago. Net income was CHF 1.74 million compared to net loss of CHF 0.974386 million a year ago. Basic earnings per share from continuing operations was CHF 0.04 compared to basic loss per share from continuing operations of CHF 0.02 a year ago. Diluted earnings per share from continuing operations was CHF 0.04 compared to diluted loss per share from continuing operations of CHF 0.02 a year ago.
For the nine months, sales was CHF 459.35 million compared to CHF 371.64 million a year ago. Net income was CHF 13.05 million compared to net loss of CHF 5.99 million a year ago. Basic earnings per share from continuing operations was CHF 0.32 compared to basic loss per share from continuing operations of CHF 0.15 a year ago. Diluted earnings per share from continuing operations was CHF 0.32 compared to diluted loss per share from continuing operations of CHF 0.15 a year ago.