Cairo – Mubasher: The net profits after tax of Egypt Gas enlarged to EGP 180.63 million in the first nine months (9M) of 2024 from EGP 138.62 million a year earlier.

The EGX-listed company’s revenues hit EGP 4.92 billion as of 30 September 2024, up year-on-year (YoY) from EGP 3.61 billion, according to the financial results.

Meanwhile, the earnings per share (EPS) grew to EGP 1.25 in 9M-24 from EGP 0.96 in 9M-23.

Egypt Gas reported total assets amounting to EGP 16.12 billion as of 30 September 2024, higher than EGP 14.34 billion at the end of December 2023.

In the first half (H1) of 2024, the company recorded net profits valued at EGP 167.61 million, versus EGP 122.81 million in H1-23.