Orascom Financial Holding S.A.E. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was EGP 4.86 million compared to net loss of EGP 320.53 million a year ago. Basic earnings per share from continuing operations was EGP 0.001 compared to basic loss per share from continuing operations of EGP 0.0611 a year ago.
For the six months, revenue was EGP 83.9 million compared to EGP 75.75 million a year ago. Net income was EGP 115.33 million compared to net loss of EGP 234.45 million a year ago. Basic earnings per share from continuing operations was EGP 0.0228 compared to basic loss per share from continuing operations of EGP 0.0447 a year ago.