Arab Finance: National Drilling Company reported a 26.51% year-on-year (YoY) increase in net profits to $8.363 million in the first nine months of 2026, up from $6.611 million in the same period of 2025, according to financial statements filed to the Egyptian Exchange (EGX).
The company's operating revenues grew 13.4% YoY to $22.747 million during the nine-month period, up from $20.051 million in the same period a year earlier.
In the third quarter (Q3) of 2026 alone, National Drilling achieved a net profit of $4.454 million, rising from $2.911 million in Q3 2025.
Revenues in Q3 2026 amounted to $10.126 million, compared to $7.952 million in the corresponding quarter last year.
Established in 1981 as a drilling and land rig services provider, the joint-stock company is engaged in drilling exploration wells and wildcat wells. It also offers technical support, detection equipment services to operating companies, along with maintenance services for oil wells.
