Business
SNG: Egypt: TAQA Arabia sees 66% YoY higher consolidated profits in H1 2025
SNG: Egypt: TAQA Arabia sees 66% YoY higher consolidated profits in H1 2025
About this update from Taqa Arabia
Staff WriterArab Finance: The consolidated net profits after tax of TAQA Arabia jumped by 66% year-on-year (YoY) to EGP 350 million in the first half (H1) of 2025 from EGP 211.324 million, the financial results showed.The sales reached EGP 11.543 billion at the end of June 2025, an annual leap of 48% from EGP 7.791 billion.Basic earnings per share (EPS) grew by 66% to EGP 0.259 from EGP 0.156.As for standalone business, TAQA Arabia achieved net profits after tax valued at EGP 133.977 million in the first six months of 2025, down 28% from EGP 186.032 million in H1 2024.Non-consolidated revenues widened by 34% YoY to EGP 276.891 million in H1 2025 from EGP 207.304 million.© 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.