Zahraa El Maadi Investment and Development Company SAE reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 62.51 million compared to EGP 25.57 million a year ago. Net income was EGP 34.65 million compared to EGP 47.79 million a year ago. Basic earnings per share from continuing operations was EGP 0.055 compared to EGP 0.08 a year ago.
For the six months, sales was EGP 171.46 million compared to EGP 52.44 million a year ago. Net income was EGP 109.73 million compared to EGP 90.08 million a year ago. Basic earnings per share from continuing operations was EGP 0.175 compared to EGP 0.145 a year ago.