Egyptian Real Estate Group results, Q2 2023
Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.
Net profit10.28 millionEGP · +291.7% vs the same period a year earlier
Total assets268 millionEGP · +78.5% vs the same period a year earlier
Shareholders' equity132 millionEGP · +20.5% vs the same period a year earlier
Operating cash flow8.33 millionEGP · +337.8% vs the same period a year earlier
In short
- Egyptian Real Estate Group's net profit for Q2 2023 was about 10.28 million EGP, up +291.7% from 2.63 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 268 million EGP, and shareholders' equity about 132 million EGP.
- Operating cash flow for Q2 2023 was positive at 8.33 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit10.28 million2.63 million+291.7%
Gross profit15.1 million4.89 million+208.6%
Total assets268 million150 million+78.5%
Total liabilities136 million40.79 million+234.4%
Shareholders' equity132 million110 million+20.5%
Total liabilities and equity268 million150 million+78.5%
Operating cash flow8.33 million1.9 million+337.8%
Investing cash flow-7.16 million-2.44 million−193.2%
Financing cash flow-225 thousand-204 thousand−10.5%
Net change in cash942 thousand-744 thousand+226.5%
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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