ARAB Developers Holding results, Q1 2024
Net profit, assets, equity and cash flow for Q1 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 Q1 2024 was about 92.47 million EGP, down −6.1% from 98.47 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 10.3 billion EGP, and shareholders' equity about 1.83 billion EGP.
- Operating cash flow for Q1 2024 was negative at 273 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit92.47 million98.47 million−6.1%
Gross profit601 million419 million+43.5%
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 million101 million−191.1%
Net change in cash-385 million491 thousand−78601.3%
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 Developers Holding's Q2 2026 results, the day they are published
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