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Ataqa records 24.3% YoY net profit jump in 9 months

Updated 11/15/2026 4:03:00 PM
Ataqa records 24.3% YoY net profit jump in 9 months

Arab Finance: Misr National Steel (Ataqa) recorded a 24.3% year-on-year (YoY) surge in net profit after tax for the first nine months of 2026, as per the company’s financial statement.

Net profit stood at EGP 175.645 million in the nine-month period, compared to EGP 141.306 million in the year-ago period.

The company generated sales of EGP 3.551 billion at the end of September 2026, down from EGP 5.271 billion in the nine months of 2025.

Basic earnings per share (EPS) increased to EGP 0.146 from EGP 0.118 in the same period a year earlier.

In the third quarter (Q3) of 2026 alone, Ataqa’s net profits after tax amounted to EGP 79.895 million, slightly up from EGP 78.976 million in Q3 2025.

Sales in Q3 2026 were higher at EGP 1.751 billion than EGP 1.134 billion in Q3 2025.

Ataqa is an Egypt-based company engaged in the manufacture of reinforced steel bars according to Egyptian and international standards in different sizes and thicknesses.

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