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HomeTechnologyArab Finance - Arab Energy Company rises in its half-term profits

Arab Finance – Arab Energy Company rises in its half-term profits


Taqa Arabiya rises in its half-term profits

Arab Finance: Company announced Energy Arabia (TAQA)announced the results of its consolidated and unconsolidated operations for the six months ending on 06/30/2024, which showed achieving a net profit. assembly It amounted to 211.324 million pounds, compared to a combined net profit of 167.271 million pounds for the same period of the previous year.

It also showed results for the six months ending on 06/30/2024, which showed achieving a net profit independent It amounted to 186.032 million pounds, compared to an independent net profit of 103.291 million pounds during the same period of the previous year.

The company was established in 2006 and is considered the largest private sector company in the field of energy distribution in Egypt. The company has more than 20 years of experience in investing and operating infrastructure networks for the energy sector, from natural gas distribution to the generation and distribution of electric power and marketing of petroleum products. By providing its services through five subsectors, which are the gas sector, the electricity sector, the petroleum products marketing and distribution sector, the solar energy sector, and the water sector.

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