Arab for Development & Real Estate Investment results, Fiscal year 2022
Net profit, assets, equity and cash flow for Fiscal year 2022, against the same period a year earlier, from the published financial statements.
Net profit784 thousandEGP · −37.2% vs the same period a year earlier
Total assets45.27 millionEGP · −7.8% vs the same period a year earlier
Shareholders' equity38.07 millionEGP · +1.5% vs the same period a year earlier
Operating cash flow2.5 millionEGP · +133.8% vs the same period a year earlier
In short
- Arab for Development & Real Estate Investment's net profit for Fiscal year 2022 was about 784 thousand EGP, down −37.2% from 1.25 million EGP in Fiscal year 2021.
- Total assets at the end of Fiscal year 2022 were about 45.27 million EGP, and shareholders' equity about 38.07 million EGP.
- Operating cash flow for Fiscal year 2022 was positive at 2.5 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2021Change
Net profit784 thousand1.25 million−37.2%
Gross profit2.94 million445 thousand+559.8%
Total assets45.27 million49.09 million−7.8%
Total liabilities7.21 million11.59 million−37.8%
Shareholders' equity38.07 million37.51 million+1.5%
Total liabilities and equity45.27 million49.09 million−7.8%
Operating cash flow2.5 million1.07 million+133.8%
Investing cash flow-114 thousand-3.75 thousand−2953.4%
Financing cash flow-694 thousand——
Net change in cash2.98 million1.07 million+179.8%
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.
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