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Earnings season keeps rolling with eye-catching numbers
Egyptalum’s Annual Profits Cross EGP 10 Billion
What: Egypt Aluminum “Egyptalum” (EGAL) posted net profits of over EGP 10bn in FY 2024/2025, supported by revenues topping EGP 43bn.
So What: Net profit grew 9% YoY, while revenues jumped 32%.
Now What: Strong demand underpins growth, but raw material and energy costs may squeeze margins, pushing the company to boost efficiency and exports.
📊 Full results here.
National Printing Earns Over EGP 273 Million in H1
What: Newly listed “National Printing” (NAPR) reported net profits of over EGP 273m in H1, with sales hitting around EGP 3.5bn.
So What: Net profit fell 28% YoY, but sales grew more than 14%.
Now What: Strong top-line growth despite weaker profits suggests the company may need to cut costs and improve margins ahead.
📊 Full results here.
Dice Reports Net Profits of EGP 192 Million in 6 Months
What: Dice Sport and Casual Wear (DSCW) booked EGP 192m in net profits during H1, with sales exceeding EGP 3bn.
So What: Net profits dropped 60.5% YoY, while sales soared 33.6%.
Now What: The steep earnings decline may push the company to restructure expenses and sharpen efficiency to protect profitability.
📊 Full results here.
Juhayna Approves Cash and Bonus Dividends
What: Juhayna Food Industries’ (JUFO) shareholders approved a cash payout of EGP 0.30 per share plus 1 bonus share for every 4 owned, based on Q1 profits.
So What: The double payout highlights Juhayna’s financial strength and gives investors both instant returns and bigger future stakes.
Now What: Shareholders also approved raising the legal reserve by 50% of paid-up capital, funded by merging four “Juhayna” subsidiaries, further strengthening the balance sheet.
What: Misr Chemical Industries (MICH) proposed a dividend of EGP 4 per share for FY 2024/2025.
So What: This comes despite net profits slipping to about EGP 569.5m, down from EGP 667.4m last year.
Now What: The payout still requires shareholder approval at the September 27 Ordinary General Assembly.
What: Heliopolis Housing (HELI), mostly state-owned, is aiming to make use of real estate assets currently valued at about EGP 1.5bn, consisting of roughly 200 residential units under the old rent law.
This was stated by the company’s Managing Director and CEO, Samah El-Sayed, in an interview with Asharq.
So What: El-Sayed explained that these units currently generate only EGP 25k per year—about EGP 10 per unit per month.
He believes the law change gives the company a chance to reclaim and redevelop these units, tapping into what he calls “hidden real estate wealth.”
Now What: In an interview with Hapi, El-Sayed revealed that the company plans to start developing phase one of a comprehensive urban project on 300 feddans in New Heliopolis by the end of this year.
He added that EGP 2bn will be invested over three years in networks, infrastructure, administrative and commercial buildings, and a central service hub in the heart of the city.
What: The Egyptian Exchange suspended trading on Egyptian Iron & Steel Company (IRON) starting Sunday, following news about restarting parts of its plant.
So What: Minister of Industry and Transport “Kamel El-Wazir” said recently that the government is considering the partial reopening of the Helwan plant, five years after its liquidation.
Now What: Investors await clarity on the restart plan and its impact, with potential volatility once trading resumes.
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