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ACC results, Fiscal year 2023

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

Net profit697 millionEGP · +94.3% vs the same period a year earlier
Total assets3.89 billionEGP · +2.1% vs the same period a year earlier
Shareholders' equity1.75 billionEGP · +50.8% vs the same period a year earlier
Operating cash flow641 millionEGP · −10.4% vs the same period a year earlier

In short

  • ACC's net profit for Fiscal year 2023 was about 697 million EGP, up +94.3% from 359 million EGP in Fiscal year 2022.
  • Total assets at the end of Fiscal year 2023 were about 3.89 billion EGP, and shareholders' equity about 1.75 billion EGP.
  • Operating cash flow for Fiscal year 2023 was positive at 641 million EGP.
Source: the Fiscal year 2023 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2022Change
Net profit697 million359 million+94.3%
Gross profit427 million1.09 billion−60.9%
Total assets3.89 billion3.81 billion+2.1%
Total liabilities2.13 billion2.64 billion−19.3%
Shareholders' equity1.75 billion1.16 billion+50.8%
Total liabilities and equity3.89 billion3.81 billion+2.1%
Operating cash flow641 million716 million−10.4%
Investing cash flow-27.45 million-17.9 million−53.4%
Financing cash flow-871 million-16.35 million−5231.0%
Net change in cash268 million690 million−61.1%

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.

Official report (PDF)All of ACC's statements, five yearsAsk the AI analyst about ARCC

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