Cairo - Mubasher: The consolidated net profits of TAQA Arabia jumped by 65% to EGP 224.55 million in the first quarter (Q1) of 2026, compared with EGP 136.07 million in Q1-25.
The company generated revenues valued at EGP 7.12 billion as of 31 March 2026, an annual surge of 33% from EGP 5.37 billion, according to the financial results.
Likewise, the basic earnings per share (EPS) hiked to EGP 0.16 in Q1-26 from EGP 0.10 a year earlier.
Standalone Business
In the first three months (3M) of 2026, the company’s standalone net profits after tax fell by 88% to EGP 18.54 million from EGP 155.16 million during the same period a year earlier.
Non-consolidated revenues shrank to EGP 44.74 million in Q1-26 from EGP 225.75 million in Q1-25, while the basic EPS plummeted to EGP 0.01 from EGP 0.11.
TAQA Arabia closed 2025 with 50% YoY higher consolidated net profits after tax at EGP 1.05 billion.
