Gulf Canadian Real Estate Investment results, Q4 2023
Net profit, assets, equity and cash flow for Q4 2023, against the same period a year earlier, from the published financial statements.
Net profit2.19 millionEGP · +392.9% vs the same period a year earlier
Total assets31.69 millionEGP · +7.8% vs the same period a year earlier
Shareholders' equity29.58 millionEGP · +8.0% vs the same period a year earlier
Operating cash flow436 thousandEGP · −34.6% vs the same period a year earlier
In short
- Gulf Canadian Real Estate Investment's net profit for Q4 2023 was about 2.19 million EGP, up +392.9% from -746 thousand EGP in Q4 2022.
- Total assets at the end of Q4 2023 were about 31.69 million EGP, and shareholders' equity about 29.58 million EGP.
- Operating cash flow for Q4 2023 was positive at 436 thousand EGP.
Key lines against the same period a year earlier
This periodQ4 2022Change
Net profit2.19 million-746 thousand+392.9%
Gross profit3.49 million458 thousand+661.5%
Total assets31.69 million29.39 million+7.8%
Total liabilities2.1 million1.99 million+5.4%
Shareholders' equity29.58 million27.4 million+8.0%
Total liabilities and equity31.69 million29.39 million+7.8%
Operating cash flow436 thousand668 thousand−34.6%
Investing cash flow839 thousand-511 thousand+264.2%
Net change in cash1.28 million156 thousand+715.1%
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.
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