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Arab Finance – Arab Energy increases its profits by the end of September 2024


Taqa Arabiya rises in profits by the end of September 2024

Arab Finance: Company announced Energy Arabia (TAQA)announced the results of its consolidated and unconsolidated operations for the financial period ending on 09/30/2024, which showed achieving a net profit. assembly It amounted to 424.871 million pounds, compared to a combined net profit of 364.985 million pounds for the same period of the previous year.

The results also showed a net profit independent It amounted to 179.747 million pounds, compared to an independent net profit of 96.075 million pounds for 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 affiliated sectors, 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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