AskBorsa

Remas 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 profit17.7 millionEGP · −15.0% vs the same period a year earlier
Total assets1.4 billionEGP · +32.7% vs the same period a year earlier
Shareholders' equity373 millionEGP · +1.7% vs the same period a year earlier
Operating cash flow68.67 millionEGP · +83.7% vs the same period a year earlier

In short

  • Remas's net profit for Q2 2024 was about 17.7 million EGP, down −15.0% from 20.82 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 1.4 billion EGP, and shareholders' equity about 373 million EGP.
  • Operating cash flow for Q2 2024 was positive at 68.67 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit17.7 million20.82 million−15.0%
Gross profit63.63 million77.51 million−17.9%
Total assets1.4 billion1.05 billion+32.7%
Total liabilities1.02 billion686 million+49.3%
Shareholders' equity373 million367 million+1.7%
Total liabilities and equity1.4 billion1.05 billion+32.7%
Operating cash flow68.67 million37.37 million+83.7%
Investing cash flow-33.32 million-50.54 million+34.1%
Financing cash flow-31.64 million17.24 million−283.5%
Net change in cash3.71 million4.07 million−8.8%

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.

Official report (PDF)All of Remas's statements, five yearsAsk the AI analyst about CERA

Remas's Q3 2026 results, the day they are published

One email on the day, no account, and a one-click stop in the email itself.

orFollow on TelegramEvery result as it lands, in the @askborsa channel

By subscribing you agree to receive these alerts only. Privacy policy

Other periods for Remas