Sidi Kerir Petrochemicals Co. (Sidpec) reported revenues of EGP 10.912 billion in its unaudited financial statements for the period ending September 30, 2025. This marked an 8.92% increase compared to EGP 10.018 billion during the same period in 2024. 

However, net profit after tax decreased by 20.43% to EGP 1.503 billion. Despite the lower profitability during the period, Sidpec’s overall financial structure improved, driven by accumulated profits and higher reserves.

As of September 30, 2025, equity stood at EGP 7.637 billion, reflecting a 7.38% rise, supported by a 14.3% growth in reserves and more than double retained earnings compared to December 2024.

Sidpec will provide the Board of directors’ report, financial statements, and its disclosures once reviewed by the Accountability State Authority and the company’s auditor.

Sidi Kerir Petrochemicals Company (Sidpec), an Egyptian joint stock company established in 1997, operates ethylene and polyethylene plants with annual production capacities of 300,000 and 225,000 metric tons, respectively. The company also runs a Butene-1 unit producing 10,000 metric tons per year, alongside an LPG recovery unit with a capacity of 50,000 metric tons annually.