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EGA net profit reaches AED2.46 billion in H1 2026
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UrduPoint News
Adjusted EBITDA margin was 33 percent in H1 2026, compared with 27 percent in H1 2025.
Adjusted net profit increased by 34 percent to AED2,462 million ($670 million), compared with AED1,836 million ($500 million) in H1 2025, reflecting strong EBITDA generation, coupled with lower net financial charges and lower taxes.
Reported net income was AED1,737 million ($473 million) in H1 2026, after recognising a net impact of AED725 million ($197 million) related to the incident.
Cast metal production decreased to 1,006 thousand tonnes in H1 2026 from 1,420 thousand tonnes in H1 2025, primarily due to reduced production at Al Taweelah.
Total aluminium sales were down 32 percent to 939 thousand tonnes in H1 2026, compared with 1,373 thousand tonnes in H1 2025.