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Emaar Misr results, Q1 2024

Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.

Net profit5.73 billionEGP · +157.5% vs the same period a year earlier
Total assets95.9 billionEGP · +23.0% vs the same period a year earlier
Shareholders' equity41.45 billionEGP · +33.1% vs the same period a year earlier
Operating cash flow288 millionEGP · −43.1% vs the same period a year earlier

In short

  • Emaar Misr's net profit for Q1 2024 was about 5.73 billion EGP, up +157.5% from 2.23 billion EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 95.9 billion EGP, and shareholders' equity about 41.45 billion EGP.
  • Operating cash flow for Q1 2024 was positive at 288 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit5.73 billion2.23 billion+157.5%
Gross profit847 million873 million−3.0%
Total assets95.9 billion77.97 billion+23.0%
Total liabilities54.45 billion46.84 billion+16.3%
Shareholders' equity41.45 billion31.13 billion+33.1%
Total liabilities and equity95.9 billion77.97 billion+23.0%
Operating cash flow288 million506 million−43.1%
Investing cash flow644 million1.36 billion−52.5%
Financing cash flow-1.03 billion-1.27 billion+18.5%
Net change in cash-102 million592 million−117.2%

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 Emaar Misr's statements, five yearsAsk the AI analyst about EMFD

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