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Egyptian Real Estate Group results, Fiscal year 2024

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

Net profit-942 thousandEGP · −107.7% vs the same period a year earlier
Total assets280 millionEGP · −1.7% vs the same period a year earlier
Shareholders' equity151 millionEGP · +1.4% vs the same period a year earlier
Operating cash flow4.03 millionEGP · −76.8% vs the same period a year earlier

In short

  • Egyptian Real Estate Group's net profit for Fiscal year 2024 was about -942 thousand EGP, down −107.7% from 12.24 million EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 280 million EGP, and shareholders' equity about 151 million EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 4.03 million EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit-942 thousand12.24 million−107.7%
Gross profit11.44 million2.01 million+470.3%
Total assets280 million284 million−1.7%
Total liabilities129 million136 million−5.1%
Shareholders' equity151 million149 million+1.4%
Total liabilities and equity280 million284 million−1.7%
Operating cash flow4.03 million17.4 million−76.8%
Investing cash flow-38.71 thousand-14.18 million+99.7%
Financing cash flow-833 thousand-914 thousand+8.8%
Net change in cash-2.63 million2.44 million−207.7%

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.

Official report (PDF)All of Egyptian Real Estate Group's statements, five yearsAsk the AI analyst about AREH

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