Brief: Orascom Development Holding AG Has Released Its Consolidated Financial Results For 1H 2023

Orascom Development Holding AG

17/08/2023 06:18

Aug 17 (Reuters) - Orascom Development Holding Ag
 ODHN.S :
    * : HAS RELEASED ITS CONSOLIDATED FINANCIAL RESULTS FOR 1H
2023
    * H1 TOTAL REVENUES WERE ALMOST STABLE AT CHF 265.9 MILLION
    * H1 ADJUSTED EBITDA UP BY 6.5% TO CHF 70.8 MILLION WITH A
MARGIN
OF 26.6%
    * H1 NET PROFIT REACHED CHF 17.7 MILLION
    * Q2 TOTAL REVENUES INCREASED BY 5.1% TO CHF 135.0 MILLION
    * QTRLY NET PROFIT UP BY A SIGNIFICANT 121.9% TO REACH CHF
7.1
MILLION

Source text for Eikon:  ID:nEQ2BJ8q1a 
Further company coverage:  ODHN.S 

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