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Elsaeed Contracting’s H1 2026 consolidated profits shrink 43.6% YoY

Updated 8/19/2026 10:48:00 AM
Elsaeed Contracting’s H1 2026 consolidated profits shrink 43.6% YoY

Arab Finance: Elsaeed Contracting and Real Estate Investment Company recorded a 43.60% lower consolidated net profit of EGP 52.714 million in the first half (H1) of 2026, according to the financial results.

The reported earnings are compared with EGP 93.47 million in H1 2025.

Operating revenues jumped to EGP 895.952 million in H1 2026 from EGP 861.203 million a year earlier. Earnings per share (EPS) grew to EGP 0.073 from EGP 0.129.

Non-consolidated profits after tax plummeted to EGP 35.559 million in the first six months of 2026 from EGP 70.302 million in the year-ago period.

Standalone revenues increased to EGP 895.290 million at the end of June 2026 from EGP 837.527 million in H1 2025, while EPS declined to EGP 0.044 from EGP 0.084.

At the end of March 2026, Elsaeed Contracting achieved an annual plunge of 50.15% in consolidated net profit to EGP 32.193 million, compared to EGP 64.593 million.

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