Arab Finance: Oriental Weavers Carpets registered consolidated net profits after tax attributable to the owners amounting to EGP 1.907 billion during the first half (H1) of 2026, higher by 82.71% than EGP 1.043 billion in H1 2025, according to the financial results.
Net sales hiked to EGP 13.900 billion in the first six months of 2026, versus EGP 12.565 billion during the same period in 2025.
Standalone net profits after tax reached EGP 1.852 billion at the end of June 2026, marking an annual drop from EGP 1.864 billion.
The company generated non-consolidated sales valued at EGP 4.590 billion in H1 2026, compared to EGP 4.395 billion a year earlier.
Founded in 1981, Oriental Weavers Group is one of the largest carpet, rug, and related raw materials producers across the world. It has manufacturing facilities in three countries. The company started trading on the EGX in 1997. The Group has manufacturing facilities in the US and Egypt and distributes its products in more than 130 countries worldwide.
