TAQA Arabia S.A.E. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EGP 3,221.31 million compared to EGP 2,478.59 million a year ago. Net income was EGP 78.89 million compared to EGP 131.31 million a year ago. Basic earnings per share from continuing operations was EGP 0.059 compared to EGP 0.097 a year ago.
For the six months, sales was EGP 6,159.6 million compared to EGP 4,787.28 million a year ago. Net income was EGP 167.27 million compared to EGP 192.36 million a year ago. Basic earnings per share from continuing operations was EGP 0.124 compared to EGP 0.142 a year ago.