Cairo - Mubasher: Elsewedy Electric Company generated consolidated net profits after tax totaling EGP 5.22 billion in the first quarter (Q1) of 2026, an annual rise from EGP 4.72 billion.
Total revenues hit EGP 75.29 billion as of 31 March 2026, compared to EGP 59.39 billion in Q1-25, according to the financial results.
Basic and diluted earnings per share (EPS) climbed to EGP 1.99 in the first three months (3M) from EGP 1.73 a year earlier.
Standalone Business
The non-consolidated net losses after tax of Elsewedy Electric shrank to EGP 381.96 million during Q1-26 from EGP 477.96 million a year earlier.
The basic and diluted loss per share plummeted to EGP 0.18 in January-March 2026 from EGP 0.22 in Q1-25, while the revenues hiked to EGP 561.61 million from EGP 499.42 million.
At the end of 2025, Elsewedy Electric witnessed YoY higher consolidated profits at EGP 19.18 billion.
