Orascom Investment Holding S.A.E. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 30.62 million compared to EGP 7.72 million a year ago. Net income was EGP 18.53 million compared to net loss of EGP 46.68 million a year ago. Basic earnings per share from continuing operations was EGP 0.0035.
For the six months, sales was EGP 38.69 million compared to EGP 13.1 million a year ago. Net income was EGP 94.89 million compared to net loss of EGP 93.06 million a year ago. Basic earnings per share from continuing operations was EGP 0.0087.