Canal Shipping Agencies 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. fiscal year starts in July.
Net profit548 millionEGP · +145.5% vs the same period a year earlier
Total assets1.37 billionEGP · +14.9% vs the same period a year earlier
Shareholders' equity1.08 billionEGP · +51.5% vs the same period a year earlier
Operating cash flow-326 millionEGP · −253.3% vs the same period a year earlier
In short
- Canal Shipping Agencies's net profit for Q2 2024 was about 548 million EGP, up +145.5% from 223 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 1.37 billion EGP, and shareholders' equity about 1.08 billion EGP.
- Operating cash flow for Q2 2024 was negative at 326 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit548 million223 million+145.5%
Gross profit25.16 million8.65 million+190.8%
Total assets1.37 billion1.19 billion+14.9%
Total liabilities282 million473 million−40.4%
Shareholders' equity1.08 billion716 million+51.5%
Total liabilities and equity1.37 billion1.19 billion+14.9%
Operating cash flow-326 million213 million−253.3%
Investing cash flow532 million19.19 thousand+2773753.4%
Financing cash flow-68.84 million——
Net change in cash138 million213 million−35.1%
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.
Canal Shipping Agencies's Q2 2027 results, the day they are published
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