Cairo - Mubasher: Egypt Kuwait Holding (EKH) logged an annual growth of 1% in consolidated net profits to $101 million in the first half (H1) of 2025, versus $100 million.

The EGX-listed company registered 32% year-on-year (YoY) higher revenues at $397 million as of 30 June 2025, according to the financial results.

The higher revenues were driven by strong top-line performance across the portfolio, reflecting strong operational momentum.

During the second quarter (Q2) of 2025, the consolidated net profits leapt by 100% to $61.90 million when compared to Q2-24, whereas the revenues surged 75% to $215 million.

Loay Jassim Al Kharafi, Chairman of Egypt Kuwait Holding, stated:“In Saudi Arabia, we have commenced commercial operations, supplying natural gas to industrial customers while serving the rapidly growing Dammam Industrial City.”

Al Kharafi continued: “Meanwhile, our greenfield project in the UK is nearing financial close, with full details to be disclosed shortly thereafter. We have also made meaningful progress on our exit strategy from Delta Insurance, with the divestment process moving ahead as planned and anticipated to close in H2-25, pending the necessary regulatory approvals.”

The Chairman concluded: “We remain on track with our corporate identity transformation, with the Board having resolved to call for a General Assembly meeting to vote on changing the company’s name to ‘Valmore Holding’.”