Arab Finance: El Ezz Porcelain (Gemma) shifted to net losses in 2025, incurring EGP 88.79 million, compared to net profits of EGP 74.36 million in 2024, according to the financial results.
Net sales declined by 9% year-on-year (YoY) to EGP 2.759 billion at the end of December 2025 from EGP 3.022 billion.
In the fourth quarter (Q4) of 2025, the company reported lower net losses at EGP 25.20 million, versus EGP 28.50 million a year earlier.
The quarterly sales fell by 10% YoY to EGP 705.16 million from EGP 783.43 million.
During the first half (H1) of 2025, Gemma turned to consolidated net losses after tax amounting to EGP 59.996 million, against net profits worth EGP 100.291 million in H1 2024.
Established in 1989, the company manufactures ceramic and porcelain tiles and sanitary ware products. Through its main subsidiary, it offers advertising services.