ARAB Developers Holding results, Q3 2023
Net profit, assets, equity and cash flow for Q3 2023, against the same period a year earlier, from the published financial statements.
Net profit35.42 millionEGP · +762.6% vs the same period a year earlier
Total assets7.77 billionEGP · +23.2% vs the same period a year earlier
Shareholders' equity1.28 billionEGP · +39.6% vs the same period a year earlier
Operating cash flow15.67 millionEGP · +129.0% vs the same period a year earlier
In short
- ARAB Developers Holding's net profit for Q3 2023 was about 35.42 million EGP, up +762.6% from 4.11 million EGP in Q3 2022.
- Total assets at the end of Q3 2023 were about 7.77 billion EGP, and shareholders' equity about 1.28 billion EGP.
- Operating cash flow for Q3 2023 was positive at 15.67 million EGP.
Key lines against the same period a year earlier
This periodQ3 2022Change
Net profit35.42 million4.11 million+762.6%
Gross profit111 million68.99 million+60.2%
Total assets7.77 billion6.31 billion+23.2%
Total liabilities6.49 billion5.39 billion+20.4%
Shareholders' equity1.28 billion917 million+39.6%
Total liabilities and equity7.77 billion6.31 billion+23.2%
Operating cash flow15.67 million-53.97 million+129.0%
Investing cash flow-818 thousand-426 thousand−91.9%
Financing cash flow32.87 million44.94 million−26.9%
Net change in cash47.72 million-9.46 million+604.6%
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.
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