Orascom Development Holding AG reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CHF 151.54 million compared to CHF 130.96 million a year ago. Net loss was CHF 34.14 million compared to net income of CHF 4.65 million a year ago.

Basic loss per share from continuing operations was CHF 0.57 compared to basic earnings per share from continuing operations of CHF 0.12 a year ago. Diluted loss per share from continuing operations was CHF 0.57 compared to diluted earnings per share from continuing operations of CHF 0.12 a year ago.