Cairo for Investment & Real Estate Development S.A.E. reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported sales was EGP 672.7 million compared to EGP 513.84 million a year ago. Net income was EGP 113.03 million compared to EGP 183.77 million a year ago. Basic earnings per share from continuing operations was EGP 0.19 compared to EGP 0.26 a year ago.
For the six months, sales was EGP 1,305.48 million compared to EGP 943.86 million a year ago. Net income was EGP 220.27 million compared to EGP 283.35 million a year ago. Basic earnings per share from continuing operations was EGP 0.32 compared to EGP 0.41 a year ago.