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Eastern Co 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. fiscal year starts in July.

Net profit1.12 billionEGP · −20.0% vs the same period a year earlier
Total assets28.43 billionEGP · −3.5% vs the same period a year earlier
Shareholders' equity7.94 billionEGP · −42.3% vs the same period a year earlier
Operating cash flow1.15 billionEGP · −66.9% vs the same period a year earlier

In short

  • Eastern Co's net profit for Q1 2024 was about 1.12 billion EGP, down −20.0% from 1.4 billion EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 28.43 billion EGP, and shareholders' equity about 7.94 billion EGP.
  • Operating cash flow for Q1 2024 was positive at 1.15 billion EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit1.12 billion1.4 billion−20.0%
Gross profit975 million2.47 billion−60.5%
Total assets28.43 billion29.45 billion−3.5%
Total liabilities20.48 billion15.68 billion+30.7%
Shareholders' equity7.94 billion13.77 billion−42.3%
Total liabilities and equity28.43 billion29.45 billion−3.5%
Operating cash flow1.15 billion3.46 billion−66.9%
Investing cash flow-392 million-2.84 billion+86.2%
Financing cash flow-5.05 million——
Net change in cash749 million621 million+20.7%

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.

The report file for this period has not been published yet.All of Eastern Co's statements, five yearsAsk the AI analyst about EAST

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