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Egyptian Electrical Cables results, Q3 2023

Net profit, assets, equity and cash flow for Q3 2023, against the same period a year earlier, from the published financial statements.

Net profit416 millionEGP · +472.4% vs the same period a year earlier
Total assets8.06 billionEGP · +63.3% vs the same period a year earlier
Shareholders' equity2.44 billionEGP · +63.0% vs the same period a year earlier
Operating cash flow-155 millionEGP · −374.2% vs the same period a year earlier

In short

  • Egyptian Electrical Cables's net profit for Q3 2023 was about 416 million EGP, up +472.4% from 72.71 million EGP in Q3 2022.
  • Total assets at the end of Q3 2023 were about 8.06 billion EGP, and shareholders' equity about 2.44 billion EGP.
  • Operating cash flow for Q3 2023 was negative at 155 million EGP.
Source: the Q3 2023 financial statements

Key lines against the same period a year earlier

This periodQ3 2022Change
Net profit416 million72.71 million+472.4%
Gross profit807 million295 million+174.0%
Total assets8.06 billion4.94 billion+63.3%
Total liabilities5.62 billion3.44 billion+63.4%
Shareholders' equity2.44 billion1.5 billion+63.0%
Total liabilities and equity8.06 billion4.94 billion+63.3%
Operating cash flow-155 million56.52 million−374.2%
Investing cash flow-95.58 million-35.67 million−167.9%
Financing cash flow680 million169 million+302.3%
Net change in cash429 million190 million+126.1%

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.

The report file for this period has not been published yet.All of Egyptian Electrical Cables's statements, five yearsAsk the AI analyst about ELEC

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