Delta Sugar’s profits more than double in H1-22

Cairo – Mubasher: Delta Sugar’s net profits after tax reached EGP 544 million in the first half (H1) of 2022, an annual surge of 58% from EGP 343.89 million.

The company’s revenues amounted to EGP 2.50 billion during the first six months (6M) of 2022, a 120% year-on-year (YoY) leap from EGP 1.13 billion, according to a recent bourse disclosure.

Furthermore, the earnings per share (EPS) went up by 56% YoY in H1-22 to EGP 3.12 from EGP 2.

In the first quarter (Q1) of 2022, Delta Sugar reported net profits after tax worth EGP 76.81 million, 0.06% higher than EGP 76.77 million in Q1-21.

Mubasher Contribution Time: 03-Aug-2022 06:31 (GMT)
Mubasher Last Update Time: 03-Aug-2022 06:31 (GMT)