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Egyptian Electrical Cables 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 profit467 millionEGP · +38.4% vs the same period a year earlier
Total assets12.49 billionEGP · +88.7% vs the same period a year earlier
Shareholders' equity3.33 billionEGP · +64.5% vs the same period a year earlier
Operating cash flow-970 millionEGP · −593.8% vs the same period a year earlier

In short

  • Egyptian Electrical Cables's net profit for Q2 2024 was about 467 million EGP, up +38.4% from 337 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 12.49 billion EGP, and shareholders' equity about 3.33 billion EGP.
  • Operating cash flow for Q2 2024 was negative at 970 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit467 million337 million+38.4%
Gross profit1.08 billion644 million+68.5%
Total assets12.49 billion6.62 billion+88.7%
Total liabilities9.16 billion4.59 billion+99.4%
Shareholders' equity3.33 billion2.02 billion+64.5%
Total liabilities and equity12.49 billion6.62 billion+88.7%
Operating cash flow-970 million-140 million−593.8%
Investing cash flow21.87 million-1 million+2277.6%
Financing cash flow538 million107 million+401.4%
Net change in cash-410 million-33.52 million−1123.5%

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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