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Egyptian Electrical Cables results, Fiscal year 2023

Net profit, assets, equity and cash flow for Fiscal year 2023, against the same period a year earlier, from the published financial statements.

Net profit1.25 billionEGP · +130.2% vs the same period a year earlier
Total assets8.9 billionEGP · +79.3% vs the same period a year earlier
Shareholders' equity2.73 billionEGP · +67.5% vs the same period a year earlier
Operating cash flow-493 millionEGP · −2331.8% vs the same period a year earlier

In short

  • Egyptian Electrical Cables's net profit for Fiscal year 2023 was about 1.25 billion EGP, up +130.2% from 542 million EGP in Fiscal year 2022.
  • Total assets at the end of Fiscal year 2023 were about 8.9 billion EGP, and shareholders' equity about 2.73 billion EGP.
  • Operating cash flow for Fiscal year 2023 was negative at 493 million EGP.
Source: the Fiscal year 2023 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2022Change
Net profit1.25 billion542 million+130.2%
Gross profit2.57 billion1.1 billion+133.4%
Total assets8.9 billion4.96 billion+79.3%
Total liabilities6.17 billion3.33 billion+85.2%
Shareholders' equity2.73 billion1.63 billion+67.5%
Total liabilities and equity8.9 billion4.96 billion+79.3%
Operating cash flow-493 million22.1 million−2331.8%
Investing cash flow-433 million-288 million−50.1%
Financing cash flow733 million677 million+8.4%
Net change in cash626 million411 million+52.6%

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.

Official report (PDF)All of Egyptian Electrical Cables's statements, five yearsAsk the AI analyst about ELEC

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