Arab for Development & Real Estate Investment results, Q3 2023
Net profit, assets, equity and cash flow for Q3 2023, against the same period a year earlier, from the published financial statements.
Net profit17.35 thousandEGP · −80.8% vs the same period a year earlier
Total assets53.68 millionEGP · +13.3% vs the same period a year earlier
Shareholders' equity37.59 millionEGP · +0.8% vs the same period a year earlier
Operating cash flow-809 thousandEGP · +73.1% vs the same period a year earlier
In short
- Arab for Development & Real Estate Investment's net profit for Q3 2023 was about 17.35 thousand EGP, down −80.8% from 90.18 thousand EGP in Q3 2022.
- Total assets at the end of Q3 2023 were about 53.68 million EGP, and shareholders' equity about 37.59 million EGP.
- Operating cash flow for Q3 2023 was negative at 809 thousand EGP.
Key lines against the same period a year earlier
This periodQ3 2022Change
Net profit17.35 thousand90.18 thousand−80.8%
Gross profit393 thousand460 thousand−14.6%
Total assets53.68 million47.38 million+13.3%
Total liabilities16.09 million10.09 million+59.4%
Shareholders' equity37.59 million37.28 million+0.8%
Total liabilities and equity53.68 million47.38 million+13.3%
Operating cash flow-809 thousand-3.01 million+73.1%
Investing cash flow-13.75 thousand-26.2 thousand+47.5%
Financing cash flow02.96 million−100.0%
Net change in cash-823 thousand-78.14 thousand−953.4%
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. 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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