Egypt Aluminum 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 profit1.63 billionEGP · +153.7% vs the same period a year earlier
Total assets18.57 billionEGP · +26.9% vs the same period a year earlier
Shareholders' equity10.94 billionEGP · +30.4% vs the same period a year earlier
Operating cash flow979 millionEGP · +219.2% vs the same period a year earlier
In short
- Egypt Aluminum's net profit for Q1 2024 was about 1.63 billion EGP, up +153.7% from 643 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 18.57 billion EGP, and shareholders' equity about 10.94 billion EGP.
- Operating cash flow for Q1 2024 was positive at 979 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit1.63 billion643 million+153.7%
Gross profit55.97 billion911 million+6042.5%
Total assets18.57 billion14.63 billion+26.9%
Total liabilities7.63 billion6.23 billion+22.3%
Shareholders' equity10.94 billion8.39 billion+30.4%
Total liabilities and equity18.57 billion14.63 billion+26.9%
Operating cash flow979 million-821 million+219.2%
Investing cash flow-248 million198 million−225.4%
Financing cash flow———
Net change in cash731 million-623 million+217.3%
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.
Egypt Aluminum's Q1 2027 results, the day they are published
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