Orascom Development Egypt (S.A.E) Reports Earnings Results for the First Quarter Ended March 31, 2022
May 18, 2022 at 06:02 am EDT
Orascom Development Egypt (S.A.E) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was EGP 1,931.89 million compared to EGP 1,459.99 million a year ago. Net income was EGP 420.11 million compared to EGP 408.92 million a year ago. Basic earnings per share from continuing operations was EGP 0.38 compared to EGP 0.37 a year ago. Diluted earnings per share from continuing operations was EGP 0.38 compared to EGP 0.37 a year ago.