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General Co for Land Reclamation results, Q1 2024

Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements. fiscal year starts in July.

Net profit-3.14 millionEGP · +39.4% vs the same period a year earlier
Total assets557 millionEGP · −2.0% vs the same period a year earlier
Shareholders' equity-476 millionEGP · −6.6% vs the same period a year earlier
Operating cash flow6.25 millionEGP · −41.8% vs the same period a year earlier

In short

  • General Co for Land Reclamation's net profit for Q1 2024 was about -3.14 million EGP, up +39.4% from -5.17 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 557 million EGP, and shareholders' equity about -476 million EGP.
  • Operating cash flow for Q1 2024 was positive at 6.25 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit-3.14 million-5.17 million+39.4%
Gross profit1.52 million-413 thousand+468.3%
Total assets557 million569 million−2.0%
Total liabilities1.03 billion1.01 billion+1.8%
Shareholders' equity-476 million-446 million−6.6%
Total liabilities and equity557 million569 million−2.0%
Operating cash flow6.25 million10.73 million−41.8%
Investing cash flow—-11.75 thousand—
Financing cash flow-3.58 million-137 thousand−2502.5%
Net change in cash2.67 million10.58 million−74.8%

Figures in EGP from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.

Official report (PDF)All of General Co for Land Reclamation's statements, five yearsAsk the AI analyst about AALR

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