Qara Energy Reports Q1 2026 Results
Qara Energy and Investment Projects announced strong financial results for the first quarter of 2026, recording revenues of 1.77 billion EGP and a 42.5% increase in gross profit, reaching 373 million EGP. Net profits remained steady at 119 million EGP due to the impact of exchange rate valuation losses. This performance was driven by effective contributions from the agricultural export, energy, and construction sectors, as the company continues to strengthen its position as one of the leading providers of energy solutions in the Egyptian market.
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