Egyptian Real Estate Group results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.
Net profit-243 thousandEGP · −102.4% vs the same period a year earlier
Total assets285 millionEGP · +6.0% vs the same period a year earlier
Shareholders' equity157 millionEGP · +18.6% vs the same period a year earlier
Operating cash flow-4.37 millionEGP · −152.5% vs the same period a year earlier
In short
- Egyptian Real Estate Group's net profit for Q2 2024 was about -243 thousand EGP, down −102.4% from 10.28 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 285 million EGP, and shareholders' equity about 157 million EGP.
- Operating cash flow for Q2 2024 was negative at 4.37 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit-243 thousand10.28 million−102.4%
Gross profit1.57 million15.1 million−89.6%
Total assets285 million268 million+6.0%
Total liabilities128 million136 million−6.1%
Shareholders' equity157 million132 million+18.6%
Total liabilities and equity285 million268 million+6.0%
Operating cash flow-4.37 million8.33 million−152.5%
Investing cash flow1.01 million-7.16 million+114.1%
Financing cash flow-249 thousand-225 thousand−10.4%
Net change in cash-3.61 million942 thousand−483.4%
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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