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Egyptian Electrical Cables results, Q2 2022

Net profit, assets, equity and cash flow for Q2 2022, against the same period a year earlier, from the published financial statements.

Net profit119 millionEGP · +19.6% vs the same period a year earlier
Total assets4.62 billionEGP · +63.0% vs the same period a year earlier
Shareholders' equity1.44 billionEGP · +18.2% vs the same period a year earlier
Operating cash flow-143 millionEGP · +48.2% vs the same period a year earlier

In short

  • Egyptian Electrical Cables's net profit for Q2 2022 was about 119 million EGP, up +19.6% from 99.47 million EGP in Q2 2021.
  • Total assets at the end of Q2 2022 were about 4.62 billion EGP, and shareholders' equity about 1.44 billion EGP.
  • Operating cash flow for Q2 2022 was negative at 143 million EGP.
Source: the Q2 2022 financial statements

Key lines against the same period a year earlier

This periodQ2 2021Change
Net profit119 million99.47 million+19.6%
Gross profit218 million93.84 million+132.2%
Total assets4.62 billion2.83 billion+63.0%
Total liabilities3.18 billion1.61 billion+97.0%
Shareholders' equity1.44 billion1.22 billion+18.2%
Total liabilities and equity4.62 billion2.83 billion+63.0%
Operating cash flow-143 million-276 million+48.2%
Investing cash flow-140 million103 million−236.0%
Financing cash flow353 million189 million+87.1%
Net change in cash70.4 million14.94 million+371.2%

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.

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

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