Ataqa’s net profits shrink to EGP 62m in H1-25

Cairo - Mubasher: Misr National Steel (Ataqa) logged net profits after tax amounting to EGP 62.33 million in the first half (H1) of 2025, an annual plunge from EGP 535.45 million in H1-25.

On the other hand, the sales hiked to EGP 4.13 billion in the first six months (6M) of 2025, compared to EGP 2.77 billion in H1-24.

Earnings per share (EPS) reached EGP 0.05 in H1-25, versus EGP 0.44 in H1-24.

Financials for Q2-25

During the second quarter (Q2) of 2025, the company incurred net losses after tax of EGP 41.66 million, against net profits after tax of EGP 474.54 million in Q2-24. Loss per share hit EGP 0.03 in Q2-25, against a profit per share of EGP 0.39 a year earlier. 

Ataqa posted an annual surge in revenue to EGP 2.11 billion during April-June 2025, compared with EGP 1.76 billion.

Mubasher Contribution Time: 18-Aug-2025 04:36 (GMT)
Mubasher Last Update Time: 18-Aug-2025 04:36 (GMT)