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Sidpec’s net profit slightly down to EGP 1.49B in 9 months

Updated 10/19/2026 9:44:00 AM
Sidpec’s net profit slightly down to EGP 1.49B in 9 months

Arab Finance: Sidi Kerir Petrochemicals Company (Sidpec) achieved net profit after tax totaling EGP 1.496 billion in the first nine months of 2026, an annual decline of 0.48% from EGP 1.503 billion, according to unaudited financial results.

Sales climbed by 34.83% year-on-year (YoY) to EGP 14.713 billion at the end of September 2026 from EGP 10.912 billion.

Basic earnings per share (EPS) hit EGP 1.07 in the January-September 2026 period, down 27.21% YoY from EGP 1.47.

In the first half (H1) of 2026, Sidpec posted 50.57% lower net profits at EGP 508 million, compared to EGP 1.027 billion in H1 2025.

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