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ARAB Developers Holding results, Q2 2023

Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.

Net profit37.51 millionEGP · +55.1% vs the same period a year earlier
Total assets7.39 billionEGP · +15.8% vs the same period a year earlier
Shareholders' equity1.24 billionEGP · +34.1% vs the same period a year earlier
Operating cash flow-16.88 millionEGP · −135.5% vs the same period a year earlier

In short

  • ARAB Developers Holding's net profit for Q2 2023 was about 37.51 million EGP, up +55.1% from 24.18 million EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 7.39 billion EGP, and shareholders' equity about 1.24 billion EGP.
  • Operating cash flow for Q2 2023 was negative at 16.88 million EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit37.51 million24.18 million+55.1%
Gross profit133 million105 million+26.3%
Total assets7.39 billion6.39 billion+15.8%
Total liabilities6.15 billion5.46 billion+12.6%
Shareholders' equity1.24 billion925 million+34.1%
Total liabilities and equity7.39 billion6.39 billion+15.8%
Operating cash flow-16.88 million47.55 million−135.5%
Investing cash flow-2.21 million-1.86 million−19.1%
Financing cash flow31.39 million-11.81 million+365.7%
Net change in cash12.29 million33.88 million−63.7%

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.

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

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