Emaar Misr results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit2.23 billionEGP · +40.8% vs the same period a year earlier
Total assets77.97 billionEGP · +18.1% vs the same period a year earlier
Shareholders' equity31.13 billionEGP · +30.1% vs the same period a year earlier
Operating cash flow506 millionEGP · +946.3% vs the same period a year earlier
In short
- Emaar Misr's net profit for Q1 2023 was about 2.23 billion EGP, up +40.8% from 1.58 billion EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 77.97 billion EGP, and shareholders' equity about 31.13 billion EGP.
- Operating cash flow for Q1 2023 was positive at 506 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit2.23 billion1.58 billion+40.8%
Gross profit873 million1.34 billion−34.9%
Total assets77.97 billion66.04 billion+18.1%
Total liabilities46.84 billion42.12 billion+11.2%
Shareholders' equity31.13 billion23.92 billion+30.1%
Total liabilities and equity77.97 billion66.04 billion+18.1%
Operating cash flow506 million-59.76 million+946.3%
Investing cash flow1.36 billion1.07 billion+26.4%
Financing cash flow-1.27 billion-2.18 million−58140.6%
Net change in cash592 million1.01 billion−41.4%
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.
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