Egypt's Orascom Investment Narrows Nine-month Loss As Operating Revenue Jumps

Orascom Investment Holding posted a narrower consolidated net loss in the first nine months of 2025. Net losses after tax fell to 806.29 million Egyptian pounds 16.88 million, down from 849.92 million pounds 17.79 million a year earlier, using adjusted figures for the prior period. The company put the nine-month loss at more than 16 million. Loss per share improved to 0.15 pound 0.003139 from 0.16 pound 0.003349 in the same stretch of 2024. Operating revenue more than doubled. Consolidated operating revenues totaled 441.41 million pounds 9.24 million from January through September, up from 215.12 million pounds 4.50 million a year ago. The balance sheet was little changed. Total assets stood at 9.509 billion pounds 199.02 million at the end of September, roughly flat from 9.508 billion pounds 199.00 million at the end of 2024. On a standalone basis, the parent company also reported a smaller loss. Nonconsolidated net losses after tax narrowed to 100.24 million pounds 2.10 million in the nine months, from 442.97 million pounds 9.27 million a year earlier. Standalone revenue climbed to 437.11 million pounds 9.15 million from 107.14 million pounds 2.24 million, while the per share loss eased to 0.01 pound 0.000209 from 0.08 pound 0.001674. Standalone assets were 6.22 billion pounds 130.18 million at Sept. 30, up from 5.90 billion pounds 123.48 million at year end. Third-quarter results showed momentum building later in the year. The consolidated net loss after tax fell to 186.77 million pounds 3.91 million in July through September, compared with 713.83 million pounds 14.94 million in the third quarter of 2024. Quarterly operating revenue jumped to 277.97 million pounds 5.82 million from 48.04 million pounds 1.01 million, and the per share loss narrowed to 0.03 pound 0.000628 from 0.13 pound 0.002721. The standalone business swung to profit in the third quarter, reporting net income of 345.88 million pounds 7.24 million, versus a loss of 583.07 million pounds 12.20 million a year earlier. Earnings per share were 0.06 pound 0.001256, after a per share loss of 0.11 pound 0.002302 in the comparable quarter. Earlier in 2025, Orascom Investment had reported that consolidated losses widened in the first half of the year, a reminder that the rebound arrived late. Shares trade on the Egyptian Exchange under the symbol OIH.