Sidi Kerir Petrochemicals Company (SIDPEC) announced a 1.84% year-on-year (YoY) increase in total sales for the fiscal year ending December 31, 2025, to EGP 14.413 billion, according to the company’s unaudited results.
SIDPEC’s gross profit saw a decline of 43.32%, falling to EGP 1.922 billion. Consequently, the gross profit ratio, ratio between gross profits to revenues, contracted from 23.96% in 2024 to 13.34% in 2025.
Net profit after tax landed at EGP 1.133 billion, a 55.38% decrease compared to the previous year. The basic earnings per share followed this trend, dropping to EGP 1.11 from EGP 2.86 in 2024.
Regarding the company’s Financial Position and Liquidity, SIDPEC reported a reduction in immediate liquidity by the end of 2025. The company’s net working capital decreased by 30.79%, to EGP 2,682 million in 2025. However, the company’s total equity remained stable with a marginal increase of 1.43%, reaching EGP 7.214 billion. This stability is supported by a 14.30% growth in reserves, which totalled EGP 3.413 billion, and a significant 78.57% rise in retained earnings, amounting to EGP 400 million. Meanwhile, the paid-in capital held steady at EGP 1.8144 billion.
In terms of cash flow dynamics, the company’s net cash flow from operating activities dropped to EGP 281 million, compared to the EGP 2.126 billion reported in 2024. Conversely, cash flow from investing activities reached EGP 37 million, while cash flow from financing activities recorded EGP 236 million.
As a primary producer in Egypt’s petrochemical landscape, Sidpec (established 1997) leverages its Alexandria-based complex to an output of a combined 525,000 metric tons of ethylene and polyethylene each year. Its premium brand, Egyptene, represents the company’s commitment to industrial excellence and national production capacity.