Kuwait City: Egypt Kuwait Holding (EKH) Company announced on Sunday a net profit of USD 39.5 million in the first quarter of 2025, buoyed by the strong performance of its fertilizer and petrochemical sectors.

According to Kuwait News Agency, the company reported a significant increase in operational efficiency and market potential, resulting in a growth of USD 195 million in revenues for the first quarter of 2025. This represents an annual increase of one percent and a quarterly growth rate of 17 percent. The company maintained strong profit margins, with gross profit and EBITDA margins reaching 39 percent and 38 percent, respectively.

Board Chairman Loay Al-Kharafi expressed satisfaction with the group’s performance during this period. He highlighted the group’s ability to sustain positive results amidst global and regional economic volatility. Al-Kharafi also noted that the group successfully accelerated its strategic transition plans while maintaining excellent performance in its main sectors, including
fertilizers, petrochemicals, and energy.

Egypt Kuwait Holding Company was established in 1997 by a consortium of prominent Kuwaiti and Egyptian businessmen. Over the past two decades, the company has become one of the MENA region’s leading and fastest-growing investment companies.