Cairo - Mubasher: Suez Canal Company for Technology Settling generated year-on-year (YoY) higher consolidated net profits after tax at EGP 1.51 billion in the first half (H1) of fiscal year (FY) 2025/2026, compared to EGP 1.23 billion.
The earnings per share (EPS) grew to EGP 16.64 in the September 2025-February 2026 period from EGP 13.59 in the same six months (6M) a year earlier, according to the income statements.
Consolidated revenues stood at EGP 2.08 billion in H1-25/26, marking an annual jump from EGP 1.70 billion.
Furthermore, the total assets hiked to EGP 6.74 billion as of 28 February 2026 when compared with EGP 5 billion as of 31 August 2025.
Standalone Financials for H1-25/26
The EGX-listed company reported non-consolidated net profits after tax worth EGP 1.16 billion in H1-25/26, higher YoY than EGP 1.13 billion.
Standalone revenues increased to EGP 1.11 billion in H1-25/26 from EGP 1.01 billion in H1-24/25. Meanwhile, the EPS increased to EGP 12.78 from EGP 12.46.
In the six-month period that ended on 28 February 2026, the non-consolidated total assets hit EGP 2.90 billion, compared to EGP 2.18 billion at the end of August 2025.
Quarterly Results
During the second quarter (Q2) of FY25/26, Suez Canal Technology registered an annual growth in consolidated net profits after tax to EGP 376.74 million, compared to EGP 310.70 million.
Consolidated revenues climbed to EGP 512.81 million in Q2-25/26 from EGP 471.32 million in the same period a year earlier. The EPS rose to EGP 4.13 from EGP 3.42.
As for the standalone results, the net profits after tax declined to EGP 54.22 million during the December 2025-February 2026 period from EGP 75.65 million. The EPS retreated to EGP 0.60 from EGP 0.83.
Non-consolidated revenues amounted to EGP 10.49 million in Q2-25/26, compared with EGP 10.19 million in the corresponding period a year earlier.