Al Khair River stock reports a 44.05 percent H1 profit decline
Published on 10/01/2026 at 00:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Al Khair River for Development Agricultural Investment and Environmental Services (ISIN EGS02291C010) reported standalone profit after tax of EGP 12.870 million for H1 2026, down 44.05 percent from EGP 23.0 million in H1 2025, according to Arab Finance. The result gives KRDI stock a clear earnings angle as investors assess the companys agricultural development exposure.
Profit falls in H1 2026
The 44.05 percent year-over-year decline leaves H1 profit EGP 10.130 million below the comparable EGP 23.0 million level. The comparison is based on standalone figures and does not represent consolidated group earnings.
The result also puts the companys operating obligations in context. Lower profit coincided with a material contractual payment by a subsidiary, making cash commitments an important part of the latest company picture.
EGP 19.79 million payment
Al Ahly Group for Modern Agriculture, a unit of Al Khair River, paid an EGP 19.79 million installment on September 1, 2026, under a contract with Egyptian Countryside Development Company, Arab Finance reported. The agreement, signed on December 24, 2019, covers 3,500 feddans, linking the payment to a sizable agricultural land development project.
For investors, the payment is more than a standalone balance-sheet item. It shows that the companys growth plans carry defined financial obligations while earnings are moving in the opposite direction.
Market value stands at EGP 1.7 billion
EGX market data showed KRDI at EGP 0.41 on September 27, 2026, with a market capitalization of EGP 1.7 billion. The stock was down 4.71 percent on that session, giving the H1 profit decline a market context alongside the companys contractual payment.
The next investor checkpoint is the relationship between project payments and earnings generation. KRDI stock combines a quantified land development commitment with a 44.05 percent profit decline, so future company disclosures on project progress and cash generation will carry particular weight.
Al Khair River stock key facts
- Company: Al Khair River for Development Agricultural Investment and Environmental Services
- ISIN: EGS02291C010
- Ticker: KRDI.EG
- Primary exchange: Egyptian Exchange
- Market capitalization: EGP 1.7 billion (as of September 27, 2026)
- Sector: Finance
