ASEC Company for Mining (ASCOM), a regional mining company, reported net profits in both its standalone and consolidated financial statements for the fiscal year ended December 31, 2025.

According to the company’s financial disclosure to the Egyptian Exchange (EGX), consolidated revenue rose to EGP 3.921 billion in 2025 from EGP 3.228 billion in 2024. Standalone revenue also increased to EGP 589.4 million from EGP 438.8 million.

Consolidated gross profit increased to EGP 736.7 million from EGP 526.9 million in 2024, while standalone gross profit rose to EGP 72 million from EGP 39 million.

The company posted a consolidated net profit of EGP 308.3 million in 2025, compared with a net loss of EGP 331.8 million in 2024. On a standalone basis, ASCOM recorded a net profit of EGP 80.2 million, reversing a net loss of EGP 750.5 million in the previous year.

Citadel Capital remained ASCOM’s largest shareholder with a 57.29% stake, followed by Financial Holdings International Ltd with 15.83%. The company’s authorized capital stands at EGP 750 million, while its issued and fully paid-up capital amounts to EGP 500 million, with a par value of EGP 10 per share.

ASCOM operates under a 25-year corporate term that began on April 1, 2024. The company has been listed on the Egyptian Exchange since November 1, 2006. Its activities include mining and mineral exploration, raw material extraction, geological studies, project management, and the processing of mineral derivatives.