El Arabia for Land Reclamation 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 profit255 thousandEGP · +178.8% vs the same period a year earlier
Total assets278 millionEGP · −4.5% vs the same period a year earlier
Shareholders' equity65.17 millionEGP · −2.6% vs the same period a year earlier
Operating cash flow3.78 millionEGP · +23.1% vs the same period a year earlier
In short
- El Arabia for Land Reclamation's net profit for Q2 2024 was about 255 thousand EGP, up +178.8% from -324 thousand EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 278 million EGP, and shareholders' equity about 65.17 million EGP.
- Operating cash flow for Q2 2024 was positive at 3.78 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit255 thousand-324 thousand+178.8%
Gross profit4.29 million1.18 million+262.1%
Total assets278 million292 million−4.5%
Total liabilities213 million225 million−5.0%
Shareholders' equity65.17 million66.89 million−2.6%
Total liabilities and equity278 million292 million−4.5%
Operating cash flow3.78 million3.07 million+23.1%
Investing cash flow-592 thousand-894 thousand+33.8%
Financing cash flow-15.58 thousand——
Net change in cash3.18 million2.18 million+45.8%
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.
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