Gulf Canadian Real Estate Investment results, Q1 2024
Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.
Net profit-240 thousandEGP · +19.7% vs the same period a year earlier
Total assets31.44 millionEGP · +7.8% vs the same period a year earlier
Shareholders' equity29.34 millionEGP · +8.3% vs the same period a year earlier
Operating cash flow4.38 millionEGP · +1677.8% vs the same period a year earlier
In short
- Gulf Canadian Real Estate Investment's net profit for Q1 2024 was about -240 thousand EGP, up +19.7% from -300 thousand EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 31.44 million EGP, and shareholders' equity about 29.34 million EGP.
- Operating cash flow for Q1 2024 was positive at 4.38 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit-240 thousand-300 thousand+19.7%
Gross profit———
Total assets31.44 million29.16 million+7.8%
Total liabilities2.1 million2.06 million+1.7%
Shareholders' equity29.34 million27.1 million+8.3%
Total liabilities and equity31.44 million29.16 million+7.8%
Operating cash flow4.38 million-277 thousand+1677.8%
Investing cash flow-5.57 million168 thousand−3407.9%
Net change in cash-1.2 million-109 thousand−996.7%
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. 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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