Monday, May 25, 2026

Gas Misr Revenues Surpass EGP 2 Billion as Q1 Profits Rise 11.6%

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Cairo Egypt’s state-affiliated energy services company, Gas Misr, reported a strong financial performance during the first quarter of 2026, posting a notable increase in both revenues and net profits.

According to a disclosure submitted to the Egyptian Exchange on Tuesday, the company recorded net profits of EGP 219.3 million during the three months ending March 2026, marking an 11.6% year-on-year increase compared to EGP 196.36 million during the same period in 2025.

Gas Misr also announced a significant rise in operating revenues, which climbed to EGP 2.152 billion in the first quarter of the year, up from EGP 1.688 billion recorded in the corresponding quarter last year.

The company’s improved results reflect continued growth in Egypt’s energy and infrastructure sectors, alongside expanding demand for natural gas services and related projects across

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