Suez Canal Company for Technology Settling (S.A.E) reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was EGP 442.88 million compared to EGP 302.63 million a year ago. Net income was EGP 170.66 million compared to EGP 196.83 million a year ago. Basic earnings per share from continuing operations was EGP 1.88 compared to EGP 2.17 a year ago.
For the six months, sales was EGP 1,180.15 million compared to EGP 875.15 million a year ago. Net income was EGP 714.21 million compared to EGP 606.67 million a year ago. Basic earnings per share from continuing operations was EGP 7.86 compared to EGP 6.67 a year ago.