Arab Developers Holding reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EGP 281.43 million compared to EGP 397 million a year ago. Net income was EGP 24.18 million compared to EGP 50.62 million a year ago. Basic earnings per share from continuing operations was EGP 0.0182 compared to EGP 0.0455 a year ago.
For the six months, sales was EGP 467.99 million compared to EGP 715.17 million a year ago. Net income was EGP 15.79 million compared to EGP 68.32 million a year ago. Basic earnings per share from continuing operations was EGP 0.0091 compared to EGP 0.0545 a year ago.