TAQA Arabia Posts 65% Surge in Q1 2026 Consolidated Net Profits

TAQA Arabia Posts  65% Surge in Q1 2026 Consolidated Net Profits

TAQA Arabia reported a 65% year-on-year (YoY) increase in its consolidated net profits after tax, reaching EGP 224.6 million in the first quarter (Q1) of 2026, according to a disclosure to the Egyptian Exchange (EGX) on May 11.

The company also recorded 33% YoY rise in consolidated revenues, amounting to EGP 7.13 billion in Q1 2026.

Meanwhile, on a standalone basis, TAQA Arabia recorded a 88% decline YoY in net profits after tax, reaching EGP 18.54 million in Q1 of 2026. The company did not disclose the reasons behind the decline.

Established in 2006, TAQA Arabia, one of Egypt’s leading private-sector energy and utility providers, operates across the energy value chain, including natural gas transmission and distribution, conventional and renewable power generation and distribution, petroleum products marketing, lubricants, and water treatment and desalination services.

Avatar photo

Doaa Ashraf 1208 Posts

Doaa is a staff writer with a Bachelor's Degree in Mass Communication, majoring Journalism from Ahram Canadian University. She has 2-3 years of experience in copywriting, and content creation.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password