Egypt Gas recorded a net profit after tax of EGP 321.8 million in 2025, marking 11% increase from 2024. This came on the back of a 20 % increase in the company’s revenues during the same period to stand at EGP 9 billion, according to the company’s financial results.
The company increased the value of its total assets to EGP 19.46 billion, from EGP 14.35 billion in 2024. Moreover, its share price jumped by 77 % to EGP 42 in March 2026.
Chairman and Managing Director Mohamed Hassan Kandil emphasised that Egypt Gas continues to deliver on its mandate as a leading national company in the gas sector. He noted that the company achieved 25 million safe working hours in 2025 with zero lost-time injuries, reflecting its commitment to safety and operational excellence.
Egypt Gas plays a central role in extending natural gas networks to villages and towns under the first phase of the initiative, supporting rural development and improving living standards. In 2025, the company connected natural gas to about 230,000 residential units under the first phase of the presidential “Haya Karima” initiative, alongside commercial and industrial expansions.
The company took over operations of the Ain Sokhna polyethylene pipe plant, reducing reliance on imports and saving foreign currency while boosting local manufacturing capacity. This comes as Egypt Gas had entered into a shareholders’ agreement in 2024 to establish a polyethylene pipe manufacturing company, capitalized at EGP 340 million and divided into 340,000 shares, each valued at EGP 1,000.
Egypt Gas completed several projects in Jordan, highlighting its ability to compete regionally and paving the way for further international growth. In Jordan, the company upgraded and enhanced the efficiency of 10 pressure reduction and metering stations (PRMS) on the Arab Gas Pipeline at a cost of $10 million. Additionally, it constructed a metering and odorant station and a 5 km polyethylene network to supply the Quweira Industrial Estate for the Aqaba Development Corporation, at a value of $2 million.
