General Co for Land Reclamation results, Q2 2023
Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements. fiscal year starts in July.
Net profit8.19 millionEGP · +128.7% vs the same period a year earlier
Total assets571 millionEGP · +3.6% vs the same period a year earlier
Shareholders' equity-444 millionEGP · −1.4% vs the same period a year earlier
Operating cash flow11.34 millionEGP · +1.3% vs the same period a year earlier
In short
- General Co for Land Reclamation's net profit for Q2 2023 was about 8.19 million EGP, up +128.7% from -28.6 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 571 million EGP, and shareholders' equity about -444 million EGP.
- Operating cash flow for Q2 2023 was positive at 11.34 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit8.19 million-28.6 million+128.7%
Gross profit10.55 million-15.47 million+168.2%
Total assets571 million551 million+3.6%
Total liabilities1.01 billion988 million+2.7%
Shareholders' equity-444 million-437 million−1.4%
Total liabilities and equity571 million551 million+3.6%
Operating cash flow11.34 million11.19 million+1.3%
Investing cash flow0-18.76 thousand+100.0%
Financing cash flow-5.35 million-10.61 million+49.6%
Net change in cash5.99 million566 thousand+957.6%
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.
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