Suez Canal for Technology Settling's standalone profits 48.3% YoY up in 6 months

Updated 5/21/2025 10:32:00 AM
Suez Canal for Technology Settling's standalone profits 48.3% YoY up in 6 months

Arab Finance: Suez Canal Company for Technology Settling recorded an annual jump of 48.38% in standalone net profits after tax to EGP 1.132 billion during the first six months of fiscal year (FY) 2024/2025, the financial results showed.

The generated earnings were compared with non-consolidated net profits of EGP 763.289 million in the same six months in FY 2023/2024.

Basic earnings per share (EPS) hiked to EGP 12.46 in the September 2024-February 2025 period from EGP 8.40 a year earlier, while the revenues jumped to EGP 1.017 billion from EGP 688.566 million.  

In another bourse disclosure, the company announced a cash dividend distribution of EGP 11.25 per share.

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