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ARAB Developers Holding results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit237 millionEGP · +568.3% vs the same period a year earlier
Total assets9.82 billionEGP · +26.3% vs the same period a year earlier
Shareholders' equity1.8 billionEGP · +40.9% vs the same period a year earlier
Operating cash flow139 millionEGP · +784.3% vs the same period a year earlier

In short

  • ARAB Developers Holding's net profit for Q3 2024 was about 237 million EGP, up +568.3% from 35.42 million EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 9.82 billion EGP, and shareholders' equity about 1.8 billion EGP.
  • Operating cash flow for Q3 2024 was positive at 139 million EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit237 million35.42 million+568.3%
Gross profit421 million111 million+281.1%
Total assets9.82 billion7.77 billion+26.3%
Total liabilities8.01 billion6.49 billion+23.4%
Shareholders' equity1.8 billion1.28 billion+40.9%
Total liabilities and equity9.82 billion7.77 billion+26.3%
Operating cash flow139 million15.67 million+784.3%
Investing cash flow-3.76 million-818 thousand−359.2%
Financing cash flow-41.33 million32.87 million−225.7%
Net change in cash93.46 million47.72 million+95.8%

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.

The report file for this period has not been published yet.All of ARAB Developers Holding's statements, five yearsAsk the AI analyst about ARAB

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