El Wadi for International and Investment Development 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 2.95 million compared to EGP 1.35 million a year ago. Net loss was EGP 0.90762 million compared to EGP 3.91 million a year ago. Basic loss per share from continuing operations was EGP 0.005 compared to EGP 0.02 a year ago.
For the six months, sales was EGP 5.62 million compared to EGP 2.18 million a year ago. Net loss was EGP 2.08 million compared to net income of EGP 6.13 million a year ago. Basic loss per share from continuing operations was EGP 0.011 compared to basic earnings per share from continuing operations of EGP 0.03 a year ago.