Orascom Construction’s consolidated profits exceed $27mln in Q1-25

$Image used for illustrative purpose. Traders work near the exchange bell at Egypt\\'s Stock Exchange in Cairo July 3, 2013. Mohamed Abd El Ghany, Reuters , Reuters Images$

Image used for illustrative purpose. Traders work near the exchange bell at Egypt's Stock Exchange in Cairo July 3, 2013. Mohamed Abd El Ghany, Reuters
Reuters Images

Revenues climbed to $847.60 million in Q1-15

Staff Writer, Mubasher

May 29, 2025

PHOTO
Image used for illustrative purpose. Traders work near the exchange bell at Egypt's Stock Exchange in Cairo July 3, 2013. Mohamed Abd El Ghany, Reuters

Cairo – 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.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO