El Sewedy Electric Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EGP 33,335.86 million compared to EGP 18,573.31 million a year ago. Net income was EGP 2,904.67 million compared to EGP 760.87 million a year ago.

Basic earnings per share from continuing operations was EGP 1.24 compared to EGP 0.32 a year ago.