“The fortress of financial investments” will turn into losses during the first quarter of 2025″

The Al-Qala Company for Financial Investments has announced that the total revenue will stabilize at 37.2 billion pounds during the first quarter of 2025, without any significant annual change, due to the revenue of most of its subsidiaries, which contributed to the reduction of the Egyptian Company’s revenue during the same period.

Revenues increased (after the increase) at an annual rate of 24% to 3.9 billion pounds during the first quarter of 2025, while recurring operating profits before taxes, interest, depreciation, and amortization were recorded at 4.2 billion pounds during the same period, which is an annual decline of 46%, as a result of the decrease in operating profits of the Egyptian Refining Company on the background of a decline in global refining profits.
According to the statement of the company today, the company recorded a net loss of 43 million pounds during the first quarter of 2025, compared to a net profit of 7.2 billion pounds during the same period of the previous year, as a result of the registration of the Egyptian company for refining net losses after the decline of the global refining profit.

In addition to the recording of interest payments worth 492 million pounds during the first quarter of the current year, related to the debt settlement and restructuring agreements of Egyptian banks signed in 2024.

The Egyptian company will repay 157.5 million dollars of its main debt in June 2025, of which 135 million dollars will be paid for the original loan and 22.5 million dollars will be paid for the interest and fees, and the next installment will be paid in December of the current year.

ولا هذا النهاء, تمضي الشركة قدمً نحو سداد ديونها حمامة بنحو عامين عملاًً بنحو عامين عملاء