Northern Upper Egypt For Development & Agricultural Production Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 11.82 million compared to EGP 0.066121 million a year ago. Net income was EGP 0.294656 million compared to net loss of EGP 1.18 million a year ago. Basic earnings per share from continuing operations was EGP 0.005 compared to basic loss per share from continuing operations of EGP 0.02 a year ago.
For the six months, sales was EGP 18.72 million compared to EGP 2.75 million a year ago. Net income was EGP 0.462344 million compared to net loss of EGP 2.1 million a year ago. Basic earnings per share from continuing operations was EGP 0.007 compared to basic loss per share from continuing operations of EGP 0.03 a year ago.