Arab for Development & Real Estate Investment results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit121 thousandEGP · +4.7% vs the same period a year earlier
Total assets45.2 millionEGP · −7.8% vs the same period a year earlier
Shareholders' equity37.6 millionEGP · −0.1% vs the same period a year earlier
Operating cash flow-1.36 millionEGP · −218.4% vs the same period a year earlier
In short
- Arab for Development & Real Estate Investment's net profit for Q1 2023 was about 121 thousand EGP, up +4.7% from 115 thousand EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 45.2 million EGP, and shareholders' equity about 37.6 million EGP.
- Operating cash flow for Q1 2023 was negative at 1.36 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit121 thousand115 thousand+4.7%
Gross profit717 thousand550 thousand+30.2%
Total assets45.2 million49.02 million−7.8%
Total liabilities7.6 million11.4 million−33.3%
Shareholders' equity37.6 million37.62 million−0.1%
Total liabilities and equity45.2 million49.02 million−7.8%
Operating cash flow-1.36 million1.15 million−218.4%
Investing cash flow—-5.2 thousand—
Financing cash flow-611 thousand——
Net change in cash-1.97 million1.14 million−272.3%
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 for Development & Real Estate Investment's Q3 2026 results, the day they are published
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