Telecom Egypt Company reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EGP 12,000 million compared to EGP 10,709 million a year ago. Revenue was EGP 11,999 million compared to EGP 10,709 million a year ago. Net income was EGP 3,012 million compared to EGP 2,319 million a year ago. Basic earnings per share from continuing operations was EGP 1.76 compared to EGP 1.36 a year ago.
For the full year, sales was EGP 44,273 million compared to EGP 37,088 million a year ago. Revenue was EGP 44,273 million compared to EGP 37,088 million a year ago. Net income was EGP 9,182 million compared to EGP 8,417 million a year ago. Basic earnings per share from continuing operations was EGP 4.61 compared to EGP 4.34 a year ago.