TAQA Arabia’s Consolidated Profits Soar 65% YoY in 9M 2026

TAQA Arabia’s Consolidated Profits Soar 65% YoY in 9M 2026

Egypt-listed energy and utility provider TAQA Arabia reported a 65% year-on-year (YoY) surge in net consolidated profit after tax during the first nine months (9M) of 2026, reaching EGP 1.15 Bn, according to unaudited financial results published by the Egyptian Exchange (EGX).

The company’s consolidated revenues rose 32% YoY to EGP 24.35 Bn in 9M 2026, while earnings per share (EPS) increased by 65% YoY to EGP 0.854.

Meanwhile, TAQA Arabia’s standalone net profit after tax fell by 45% YoY to EGP 65.4 Mn during the nine-month period.

The company’s standalone revenues declined by 38% YoY to EGP 187.19 Mn in 9M 2026.

It is worth noting that TAQA Arabia reported a 34% YoY increase in consolidated revenues to EGP 15.46 Bn in the first half (H1) of 2026.

Based in Cairo, TAQA Arabia operates through several core business divisions and subsidiaries spanning natural gas, power generation, petroleum marketing, water treatment, and renewable energy across Egypt and the Middle East and North Africa (MENA) region.

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password