Net profit653 millionEGP · +677.4% vs the same period a year earlier
Total assets120 billionEGP · +6.0% vs the same period a year earlier
Shareholders' equity3.55 billionEGP · +173.9% vs the same period a year earlier
Operating cash flow-9.49 billionEGP · −158.6% vs the same period a year earlier
In short
- Ezz Steel's net profit for Q2 2024 was about 653 million EGP, up +677.4% from -113 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 120 billion EGP, and shareholders' equity about 3.55 billion EGP.
- Operating cash flow for Q2 2024 was negative at 9.49 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit653 million-113 million+677.4%
Gross profit10.42 billion40.89 billion−74.5%
Total assets120 billion113 billion+6.0%
Total liabilities117 billion112 billion+4.1%
Shareholders' equity3.55 billion1.3 billion+173.9%
Total liabilities and equity120 billion113 billion+6.0%
Operating cash flow-9.49 billion16.19 billion−158.6%
Investing cash flow-517 million-4.44 billion+88.4%
Financing cash flow3.71 billion-3.36 billion+210.4%
Net change in cash-6.29 billion8.39 billion−175.0%
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.
Ezz Steel's Q3 2024 results, the day they are published
One email on the day, no account, and a one-click stop in the email itself.
By subscribing you agree to receive these alerts only. Privacy policy