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ARAB Developers Holding 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 profit92.47 millionEGP · −6.1% vs the same period a year earlier
Total assets10.3 billionEGP · +27.2% vs the same period a year earlier
Shareholders' equity1.83 billionEGP · +42.0% vs the same period a year earlier
Operating cash flow-273 millionEGP · −7.5% vs the same period a year earlier

In short

  • ARAB Developers Holding's net profit for Fiscal year 2024 was about 92.47 million EGP, down −6.1% from 98.47 million EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 10.3 billion EGP, and shareholders' equity about 1.83 billion EGP.
  • Operating cash flow for Fiscal year 2024 was negative at 273 million EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit92.47 million98.47 million−6.1%
Gross profit45.16 million419 million−89.2%
Total assets10.3 billion8.1 billion+27.2%
Total liabilities8.48 billion6.81 billion+24.5%
Shareholders' equity1.83 billion1.29 billion+42.0%
Total liabilities and equity10.3 billion8.1 billion+27.2%
Operating cash flow-273 million-254 million−7.5%
Investing cash flow-20.38 million-4.59 million−344.4%
Financing cash flow-91.57 million259 million−135.3%
Net change in cash-385 million-38.5 million−901.2%

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.

Official report (PDF)All of ARAB Developers Holding's statements, five yearsAsk the AI analyst about ARAB

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