Arab Finance: Valmore Holding reported that consolidated revenues climbed by 13% to $392 million in the first half (H1) of 2026 from $347.482 million a year earlier, as per an emailed press release.

It also recorded $70.345 million in consolidated net profit attributable to the owners during the six-month period, compared to $90.364 million in H1 2025, according to the financial results. Basic and diluted earnings per share (EPS) declined to $4.72 from $6.47.

MENA's leading diversified investment holding company delivered 18.1% year-on-year (YoY) higher gross profits at $143 million. Group EBITDA reached $166 million, with an EBITDA margin of 42%.

As for the standalone business, Valmore Holding turned to net losses of $6.786 million in H1 2026, versus profits of $18.440 million in H1 2025.

Non-consolidated loss per share hit $1.01 when compared to a profit per share of $1.09.

Loay Jassim Al Kharafi, Chairman of Valmore Holding, commented: “Against a challenging regional operating environment, our performance demonstrated the resilience this strategy was designed to foster.”

“The strategy rests on simple architecture. 70% of group revenue in H1 2026 was generated by AlexFert and Sprea, both businesses with established export franchises and significant hard-currency generation capacity,” Al Kharafi highlighted.

He indicated: “Alongside them sit concession-backed platforms across gas and power distribution as well as upstream production, which together generated 27% of group revenue during the period.”

In the first quarter (Q1) of 2025, the group generated consolidated net profit after tax attributable to the parent company valued at $34.3 million, up from $34.1 million in Q1 2025.