Egyptian Real Estate Group results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit12.24 millionEGP · +0.8% vs the same period a year earlier
Total assets284 millionEGP · +76.4% vs the same period a year earlier
Shareholders' equity149 millionEGP · +23.0% vs the same period a year earlier
Operating cash flow17.4 millionEGP · +679.5% vs the same period a year earlier
In short
- Egyptian Real Estate Group's net profit for Q1 2023 was about 12.24 million EGP, up +0.8% from 12.14 million EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 284 million EGP, and shareholders' equity about 149 million EGP.
- Operating cash flow for Q1 2023 was positive at 17.4 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit12.24 million12.14 million+0.8%
Gross profit24.64 million18.24 million+35.1%
Total assets284 million161 million+76.4%
Total liabilities136 million40.2 million+237.2%
Shareholders' equity149 million121 million+23.0%
Total liabilities and equity284 million161 million+76.4%
Operating cash flow17.4 million2.23 million+679.5%
Investing cash flow-14.18 million-861 thousand−1547.1%
Financing cash flow-914 thousand-846 thousand−8.0%
Net change in cash2.31 million525 thousand+339.5%
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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