Arab Finance: Egypt Duty Free Shops posted a 17.38% year-on-year (YoY) increase in consolidated net profits attributable to the holding company for the first quarter (Q1) of fiscal year (FY) 2026/2027, according to financial statements filed to the Egyptian Exchange (EGX).
The company's consolidated net profit excluding minority interest amounted to EGP 102.537 million in the three-month period ended September 30, up from EGP 87.353 million in the same period a FY earlier.
Consolidated revenues rose 27.83% YoY to EGP 450.234 million in the July-September period, up from EGP 352.223 million.
Furthermore, the company recorded a 15.28% YoY increase in standalone net profit after tax to EGP 102.079 million, up from EGP 88.547 million in the corresponding period of 2025.
Established in 1975, the public shareholding company is engaged in the import and sale of duty-free goods in foreign and local currencies. It also sells products to consumers without being exempt from taxes at sales fairs at air, sea, and land ports. In addition, it offers several brands and types of alcoholic beverages, tobacco, fragrances, gift items, electrical and household appliances, and housewares.