OC
Cairo – Mubasher: Orascom Construction posted lower consolidated net profits at $27.10 million in the first quarter (Q1) of 2025, compared to $49.80 million in Q1-24.
Revenues climbed to $847.60 million in Q1-15 from $766.30 million a year earlier, according to the financial results.
Basic and diluted earnings per share (EPS) hit $0.23 as of 31 March 2025, versus $0.42 in Q1-24.
Standalone Financials
In the first three months (3M), the EGX-listed firm turned to standalone net losses valued at $8.69 million, versus net profits of $3.73 million. Basic EPS declined to $0.23 from $0.42.
Last year, the company’s consolidated backlog reached $7.60 billion.