Al Khair River stock: EGX disclosure covers Al Khair River stock ownership
Published on 10/22/2026 at 01:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDisclosure and earnings dates
- Al Khair River submitted a September 30 ownership disclosure on October 18, 2026.
- First-half 2026 net profit reached EGP 12.870 million after EGP 23.000 million a year earlier.
- The land purchase has reached EGP 129.362 million against a contract value of EGP 190.483 million.
Al Khair River (ISIN EGS02291C010) reported first-half 2026 net profit of EGP 12.870 million, down 44.05 percent from EGP 23.000 million a year earlier, according to IT Boltwise on October 1, 2026. The company then submitted a disclosure covering its board and shareholder structure for the period ended September 30, 2026, according to Sigma Capital on October 18, 2026.
Three dated filings and payments
The recent company trail combines governance disclosure with project financing. On September 1, 2026, a subsidiary paid EGP 19.790 million to the Egyptian Countryside Development Company, according to IT Boltwise. On September 22, 2026, the same subsidiary paid a third EGP 33.596 million installment to Minya Governorate under a land contract, as Arab Finance reported.
On October 18, 2026, the disclosure for the September 30 period became the latest dated company event. Sigma Capital identified the filing as an Egyptian Exchange disclosure for Al Khair River and listed the ISIN EGS02291C010.
What does the 44.05 percent drop mean?
The earnings decline coincides with substantial land payments. The subsidiary has paid EGP 129.362 million toward a contract valued at EGP 190.483 million, while the remaining balance carries annual interest of 7 percent, according to Arab Finance. For investors, the key distinction is between the weaker reported profit and the cash commitment tied to a 3,400-feddan land project.
December results set the next test
The next reported results are scheduled for December 2, 2026, according to IT Boltwise. The report should clarify whether project-related spending continues to weigh on earnings and how the land program is progressing.
Market value and company profile
Al Khair River traded at EGP 0.41 on the Egyptian Exchange on September 30, 2026, when its market capitalization was EGP 1.6 billion, according to IT Boltwise. The company operates across agricultural investment and related activities including irrigation, water, renewable energy, livestock and fish farming.
Al Khair River stock facts
- Company: Al Khair River For Development Agricultural Investment and Environmental Service
- ISIN: EGS02291C010
- Ticker: KRDI
- Primary exchange: Egyptian Exchange
- Market capitalization: EGP 1.6 billion (as of September 30, 2026)
- Sector / Industry: Agriculture and agricultural investment
Market context: Latest market reports.
