Telecom Egypt Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 14,177 million compared to EGP 10,984.25 million a year ago. Net income was EGP 2,882.16 million compared to EGP 2,415.34 million a year ago. Basic earnings per share from continuing operations was EGP 1.69 compared to EGP 1.41 a year ago.
For the six months, sales was EGP 28,135.66 million compared to EGP 20,401.41 million a year ago. Net income was EGP 6,695.53 million compared to EGP 3,781.69 million a year ago. Basic earnings per share from continuing operations was EGP 3.92 compared to EGP 2.22 a year ago.