Rakta Paper Manufacturing Company reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was EGP 0.07722 million compared to EGP 0.107415 million a year ago. Net loss was EGP 355.58 million compared to EGP 24.34 million a year ago. Basic loss per share from continuing operations was EGP 11.85 compared to EGP 0.81 a year ago.
For the six months, revenue was EGP 0.201844 million compared to EGP 0.14988 million a year ago. Net loss was EGP 385.2 million compared to EGP 46.98 million a year ago. Basic loss per share from continuing operations was EGP 12.84 compared to EGP 1.57 a year ago.