Gharbia Islamic Housing Development Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was EGP 0.085326 million compared to net income of EGP 0.233164 million a year ago. Basic loss per share from continuing operations was EGP 0.02 compared to basic earnings per share from continuing operations of EGP 0.04 a year ago.
For the six months, sales was EGP 1.31 million. Net income was EGP 0.510113 million compared to EGP 0.335722 million a year ago. Basic earnings per share from continuing operations was EGP 0.09 compared to EGP 0.06 a year ago.