Cairo - Mubasher: Acrow Misr for Scaffolding and Formwork posted 14.72% year-on-year (YoY) lower consolidated net profits after tax at EGP 476.13 million in the first half (H1) of 2025, compared to EGP 558.37 million.

The EGX-listed company achieved EGP 2.66 billion in revenues from contracts with customers as of 30 June 2025, compared to EGP 2.01 billion in H1-24, according to the financial statements.

Earnings per share (EPS) hit EGP 8.29 as of 30 June 2025, higher than EGP 10 a year earlier.

Standalone Results

In the six-month period that ended on 30 June 2025, the non-consolidated net profits stood at EGP 348.76 million, down YoY from EGP 457.36 million. Basic and diluted EPS declined to EGP 6.28 from EGP 8.31.

The company generated revenues from contracts with customers totalling EGP 2.16 billion in H1-25, marking an annual hike from EGP 1.80 billion.

Financial Statements for Q2

During the second quarter (Q2) of 2025, Acrow Misr reported an annual surge in consolidated net profits after tax to EGP 265.96 million, compared to EGP 158.07 million.

Revenues from contracts with customers rose to EGP 1.39 billion in the April-June 2025 period from EGP 1.12 billion in Q2-24, while the EPS climbed to EGP 4.71 from EGP 2.80.

Meanwhile, the non-consolidated net profits after tax jumped to EGP 190.37 million in Q2-25 from EGP 130 million in Q2-24, whereas the revenues grew to EGP 1.15 billion from EGP 965.97 million.

At the end of March 2025, Acrow Misr recorded consolidated net profits after tax valued at EGP 210.17 million, compared with EGP 400.29 million in Q1-24.