Cairo – Mubasher: Egypt Gas registered net profits after tax worth EGP 196.36 million in the first quarter (Q1) of 2025, marking an annual growth from EGP 138.96 million.
The earnings per share (EPS) after tax and before dividends stood at EGP 1.36 in Q1-25, compared with EGP 0.96 in Q1-24, according to the income statements.
The company recorded higher operating revenues of EGP 1.68 billion as of 31 March 2025 when compared to EGP 1.31 billion in the corresponding period a year earlier.
Furthermore, the total assets of Egypt Gas reached EGP 17.86 billion at the end of March 2025, compared to EGP 16.27 billion as of 31 December 2024.
It is worth noting that in 2024, Egypt Gas posted net profits worth EGP 290.73 million, while its revenue hit EGP 7.50 billion.