Arab Finance: TAQA Arabia reported a 65% year-on-year (YoY) increase in consolidated net profit for the first nine months of 2026, according to financial indicators filed with the Egyptian Exchange (EGX) on November 12.
The company's consolidated net profit rose to EGP 1.155 billion from January through September 2026, compared to EGP 700.018 million in the same period of 2025.
Consolidated revenue jumped by 32% to EGP 24.356 billion during the nine-month period, up from EGP 18.405 billion a year earlier.
On a standalone basis, TAQA Arabia recorded a 45% YoY decline in net profit to EGP 65.407 million during the first nine months of 2026, compared to EGP 119.664 million in the corresponding period of 2025.
Standalone revenue also fell by 38% to EGP 187.19 million, down from EGP 303.12 million in the same period last year.
