Arab for Development & Real Estate Investment results, Q4 2024
Net profit, assets, equity and cash flow for Q4 2024, against the same period a year earlier, from the published financial statements.
Net profit291 thousandEGP · −34.4% 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 Q4 2024 was about 291 thousand EGP, down −34.4% from 444 thousand EGP in Q4 2023.
- Total assets at the end of Q4 2024 were about 50.37 million EGP, and shareholders' equity about 38.2 million EGP.
- Operating cash flow for Q4 2024 was positive at 303 thousand EGP.
Key lines against the same period a year earlier
This periodQ4 2023Change
Net profit291 thousand444 thousand−34.4%
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—-700—
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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
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