Business
SNG: Orascom Development Egypt’s consolidated profits leap 372.7% YoY in H1 2025
SNG: Orascom Development Egypt’s consolidated profits leap 372.7% YoY in H1 2025

About this update from Orascom Development Egypt (s.a.e)
Staff WriterArab Finance: The consolidated net profits attributable to the owners of Orascom Development Egypt hit EGP 3.157 billion in the first half (H1) of 2025, according to the financial results.The recorded net profits were higher by 372.70% than EGP 667.923 million in H1 2024.Additionally, the revenues increased to EGP 11.529 billion at the end of June 2025 from EGP 10.211 billion a year earlier.Basic earnings per share (EPS) amounted to EGP 2.79 in H1 2025, an annual rise from EGP 0.59.As for the standalone business, the company logged net profits worth EGP 2.749 billion in H1 2025, against net losses after tax valued at EGP 204.123 million in the first six months of 2024.Non-consolidated EPS reached EGP 2.43 in H1 2025, against a loss per share of EGP 0.18 a year earlier.© 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.
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