ARAB Developers Holding results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.
Net profit24.74 millionEGP · −34.0% vs the same period a year earlier
Total assets9.2 billionEGP · +24.4% vs the same period a year earlier
Shareholders' equity1.56 billionEGP · +25.5% vs the same period a year earlier
Operating cash flow-91.16 millionEGP · −440.0% vs the same period a year earlier
In short
- ARAB Developers Holding's net profit for Q2 2024 was about 24.74 million EGP, down −34.0% from 37.51 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 9.2 billion EGP, and shareholders' equity about 1.56 billion EGP.
- Operating cash flow for Q2 2024 was negative at 91.16 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit24.74 million37.51 million−34.0%
Gross profit44.71 million133 million−66.4%
Total assets9.2 billion7.39 billion+24.4%
Total liabilities7.64 billion6.15 billion+24.2%
Shareholders' equity1.56 billion1.24 billion+25.5%
Total liabilities and equity9.2 billion7.39 billion+24.4%
Operating cash flow-91.16 million-16.88 million−440.0%
Investing cash flow-1.4 million-2.21 million+36.7%
Financing cash flow-262 million31.39 million−934.0%
Net change in cash-354 million12.29 million−2982.6%
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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