Cairo – Mubasher: TAQA Arabia logged consolidated net profits after tax valued at EGP 136.07 million in the first quarter (Q1)of 2025, an annual rise of 32% from EGP 102.77 million.
Basic earnings per share increased to EGP 0.10 in Q1-25 from EGP 0.07 in Q1-24, according to the income statements.
The company generated sales amounting to EGP 5.37 billion as of 31 March 2025, higher by 50% year-on-year (YoY) than EGP 3.57 billion.
Standalone Business
In the first three months (3M) of 2025, the EGX-listed firm posted 11% YoY lower standalone net profits after tax at EGP 155.16 million, compared to EGP 174.84 million.
Non-consolidated revenues jumped by 25% to EGP 225.75 million in Q1-25 from EGP 180.64 million in Q1-24, while the basic EPS plummeted to EGP 0.11 from EGP 0.12.
As of 31 December 2024, TAQA Arabia registered EGP 789.91 million in consolidated net profit, up from EGP 641.49 million in 2023.
