Arab Cotton Ginning results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements. fiscal year starts in July.
Net profit139 millionEGP · +255.8% vs the same period a year earlier
Total assets4.46 billionEGP · +7.0% vs the same period a year earlier
Shareholders' equity2.43 billionEGP · +18.2% vs the same period a year earlier
Operating cash flow-480 millionEGP · +44.1% vs the same period a year earlier
In short
- Arab Cotton Ginning's net profit for Q2 2024 was about 139 million EGP, up +255.8% from 38.96 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 4.46 billion EGP, and shareholders' equity about 2.43 billion EGP.
- Operating cash flow for Q2 2024 was negative at 480 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit139 million38.96 million+255.8%
Gross profit196 million66.18 million+195.5%
Total assets4.46 billion4.17 billion+7.0%
Total liabilities2.03 billion2.11 billion−3.9%
Shareholders' equity2.43 billion2.05 billion+18.2%
Total liabilities and equity4.46 billion4.17 billion+7.0%
Operating cash flow-480 million-859 million+44.1%
Investing cash flow115 million63.3 million+82.0%
Financing cash flow421 million772 million−45.5%
Net change in cash55.87 million-23.71 million+335.7%
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.
Arab Cotton Ginning's Q3 2027 results, the day they are published
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