Net profit-334 millionEGP · −117.0% vs the same period a year earlier
Total assets7.25 billionEGP · +39.5% vs the same period a year earlier
Shareholders' equity2.14 billionEGP · +41.1% vs the same period a year earlier
Operating cash flow-637 millionEGP · −339.3% vs the same period a year earlier
In short
- ASCOM's net profit for Q2 2024 was about -334 million EGP, down −117.0% from 1.96 billion EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 7.25 billion EGP, and shareholders' equity about 2.14 billion EGP.
- Operating cash flow for Q2 2024 was negative at 637 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit-334 million1.96 billion−117.0%
Gross profit780 million592 million+31.8%
Total assets7.25 billion5.2 billion+39.5%
Total liabilities5.11 billion3.68 billion+38.8%
Shareholders' equity2.14 billion1.52 billion+41.1%
Total liabilities and equity7.25 billion5.2 billion+39.5%
Operating cash flow-637 million266 million−339.3%
Investing cash flow1.1 billion-25.28 million+4462.5%
Financing cash flow-138 million-2.66 million−5072.4%
Net change in cash329 million163 million+102.1%
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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
ASCOM's Q3 2026 results, the day they are published
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