Arab for Development & Real Estate Investment results, Fiscal year 2024
Net profit, assets, equity and cash flow for Fiscal year 2024, against the same period a year earlier, from the published financial statements.
Net profit291 thousandEGP · −47.1% vs the same period a year earlier
Total assets50.37 millionEGP · −10.7% vs the same period a year earlier
Shareholders' equity38.2 millionEGP · +0.8% vs the same period a year earlier
Operating cash flow303 thousandEGP · −76.2% vs the same period a year earlier
In short
- Arab for Development & Real Estate Investment's net profit for Fiscal year 2024 was about 291 thousand EGP, down −47.1% from 549 thousand EGP in Fiscal year 2023.
- Total assets at the end of Fiscal year 2024 were about 50.37 million EGP, and shareholders' equity about 38.2 million EGP.
- Operating cash flow for Fiscal year 2024 was positive at 303 thousand EGP.
Key lines against the same period a year earlier
This periodFiscal year 2023Change
Net profit291 thousand549 thousand−47.1%
Gross profit1.79 million2.19 million−18.1%
Total assets50.37 million56.39 million−10.7%
Total liabilities12.17 million18.48 million−34.1%
Shareholders' equity38.2 million37.91 million+0.8%
Total liabilities and equity50.37 million56.39 million−10.7%
Operating cash flow303 thousand1.27 million−76.2%
Investing cash flow—-16.28 thousand—
Financing cash flow—-611 thousand—
Net change in cash303 thousand644 thousand−53.0%
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.
Arab for Development & Real Estate Investment's Q3 2026 results, the day they are published
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