Arab for Development & Real Estate Investment results, Fiscal year 2023
Net profit, assets, equity and cash flow for Fiscal year 2023, against the same period a year earlier, from the published financial statements.
Net profit549 thousandEGP · −29.9% vs the same period a year earlier
Total assets56.39 millionEGP · +24.5% vs the same period a year earlier
Shareholders' equity37.91 millionEGP · −0.4% vs the same period a year earlier
Operating cash flow1.27 millionEGP · −49.1% vs the same period a year earlier
In short
- Arab for Development & Real Estate Investment's net profit for Fiscal year 2023 was about 549 thousand EGP, down −29.9% from 784 thousand EGP in Fiscal year 2022.
- Total assets at the end of Fiscal year 2023 were about 56.39 million EGP, and shareholders' equity about 37.91 million EGP.
- Operating cash flow for Fiscal year 2023 was positive at 1.27 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2022Change
Net profit549 thousand784 thousand−29.9%
Gross profit2.19 million2.94 million−25.5%
Total assets56.39 million45.27 million+24.5%
Total liabilities18.48 million7.21 million+156.4%
Shareholders' equity37.91 million38.07 million−0.4%
Total liabilities and equity56.39 million45.27 million+24.5%
Operating cash flow1.27 million2.5 million−49.1%
Investing cash flow-16.28 thousand-114 thousand+85.8%
Financing cash flow-611 thousand-694 thousand+12.0%
Net change in cash644 thousand2.98 million−78.4%
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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