Egypt Gas Reports 11.68% YoY Profit Growth in Q1 2026

Egypt Gas recorded an 11.66% year-on-year (YoY) increase in net profit after tax for the first quarter (Q1) of 2026, reaching EGP 219.3 million. This bottom-line growth was supported by a 27.49% surge in operating revenues, which climbed to EGP 2.152 billion during the January–March period of 2026, according to the company’s financial disclosure submitted to the Egyptian Exchange (EGX) on May 24.

The company’s basic earnings per share after tax and before dividends (EPS), a financial instrument tracking net income allocated to each outstanding share of common stock, consequently rose to EGP 1.52 from EGP 1.36 in Q1 2025.

In 2025, Egypt Gas reported a 20% growth in annual revenues, reaching nearly EGP 9 billion. The company delivered natural gas to 230,000 residential units, 394 commercial establishments, and 46 new factories, while carrying out expansions to 37 existing factories, according to Arab Finance.

The post Egypt Gas Reports 11.68% YoY Profit Growth in Q1 2026 first appeared on Egypt Oil & Gas.

المصدر: Egypt Oil & Gas