Al Khair River stock reports 44.05 percent H1 profit drop

Al Khair River stock (ISIN EGS02291C010) was quoted at EGP 0.41 on the Egyptian Exchange on September 30, 2026, alongside a market capitalization of EGP 1.6 billion. The latest operating signal is weaker: standalone profit after tax fell 44.05 percent year over year to EGP 12.870 million in the first half of 2026, according to Arab Finance.

Profit falls as projects absorb cash

The H1 comparison is clear: profit after tax declined from EGP 23.000 million in H1 2025 to EGP 12.870 million in H1 2026. The figure is standalone profit, so it describes the parent company rather than a consolidated revenue trend.

The Egyptian Exchange reported on September 22, 2026, that Al Ahly Modern Agriculture Group, a subsidiary, paid a third installment connected with 3,400 feddans allocated by Minya Governorate. That project detail matters because earnings pressure and land-related cash commitments are moving on different timelines.

Land payments set the next test

The subsidiary had paid EGP 19.790 million on September 1, 2026, under a contract with the Egyptian Countryside Development Company, as Arab Finance reported. The payment is part of a broader project commitment, making liquidity execution a central counterweight to the company's agricultural development plans.

IT Boltwise reported on October 1, 2026, that the next reporting date is December 2, 2026. That checkpoint should clarify whether the 44.05 percent profit decline reflects project timing or a broader deterioration in operating performance.

Stock value and December checkpoint

At EGP 0.41 on September 30, 2026, Al Khair River's quoted equity value was EGP 1.6 billion. The combination of a 44.05 percent H1 profit decline and the December 2 reporting date leaves project execution, payment schedules and earnings conversion as the key measurable points for the next update.

Upcoming dates for Al Khair River stock

• December 2, 2026: Next reporting date

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