Egyptian Financial & Industrial 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 profit360 millionEGP · +68.9% vs the same period a year earlier
Total assets6.86 billionEGP · +26.0% vs the same period a year earlier
Shareholders' equity2.55 billionEGP · +20.2% vs the same period a year earlier
Operating cash flow775 millionEGP · +1350.9% vs the same period a year earlier
In short
- Egyptian Financial & Industrial's net profit for Q2 2024 was about 360 million EGP, up +68.9% from 213 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 6.86 billion EGP, and shareholders' equity about 2.55 billion EGP.
- Operating cash flow for Q2 2024 was positive at 775 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit360 million213 million+68.9%
Gross profit811 million539 million+50.5%
Total assets6.86 billion5.45 billion+26.0%
Total liabilities4.31 billion3.32 billion+29.6%
Shareholders' equity2.55 billion2.12 billion+20.2%
Total liabilities and equity6.86 billion5.45 billion+26.0%
Operating cash flow775 million-61.98 million+1350.9%
Investing cash flow-133 million-89.97 million−47.6%
Financing cash flow-236 million27.02 million−972.1%
Net change in cash407 million-125 million+425.7%
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.
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