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Ataqa’s profits fall 53.6% YoY in H1 2026

Updated 8/16/2026 2:50:00 PM
Ataqa’s profits fall 53.6% YoY in H1 2026

Arab Finance: Misr National Steel (Ataqa) recorded 53.61% year-on-year (YoY) higher profits at EGP 95.750 million in the first six months of 2026, compared to EGP 62.330 million, the financial result showed.

Revenues declined to EGP 1.800 billion at the end of June 2026 from EGP 583.536 million in the first half (H1) of 2025.

Basic earnings per share (EPS) increased to EGP 0.080 in H1 2026 from EGP 0.052 a year earlier.

Last year, the company’s net profits after tax dropped by 94.68% to EGP 30.748 million from EGP 577.746 million in 2024.

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