Sidpec’s net profits fall 20.43% YoY in nine months
Updated 10/16/2025 9:40:00 AM
Arab Finance: Sidi Kerir Petrochemicals Company (Sidpec) recorded net profits after tax valued at EGP 1.503 billion in the first nine months of 2025, according to the unaudited financial results.
The generated earnings dropped by 20.43% year-on-year (YoY) from EGP 1.889 billion.
Basic earnings per share (EPS) plunged by 33.93% to EGP 1.48 in nine months from EGP 2.24.
Revenues hiked by 8.92% YoY to EGP 10.912 billion at the end of September 2025 from EGP 10.018 billion.
In the first quarter (Q1) of 2025, the company posted a 5.01% YoY increase in net profit after tax, registering EGP 587 million, from EGP 559 million.
Established in 1997 and listed on EGX in 2005, Sidpec operates within the materials sector focusing on commodity chemicals. It has subsidiaries operating across Egypt, working on textiles and oil and gas refining.
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