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Telecom Egypt results, Fiscal year 2022

Net profit, assets, equity and cash flow for Fiscal year 2022, against the same period a year earlier, from the published financial statements.

Net profit9.18 billionEGP · +9.1% vs the same period a year earlier
Total assets120 billionEGP · +32.2% vs the same period a year earlier
Shareholders' equity46.27 billionEGP · +4.4% vs the same period a year earlier
Operating cash flow14.59 billionEGP · −8.9% vs the same period a year earlier

In short

  • Telecom Egypt's net profit for Fiscal year 2022 was about 9.18 billion EGP, up +9.1% from 8.42 billion EGP in Fiscal year 2021.
  • Total assets at the end of Fiscal year 2022 were about 120 billion EGP, and shareholders' equity about 46.27 billion EGP.
  • Operating cash flow for Fiscal year 2022 was positive at 14.59 billion EGP.
Source: the Fiscal year 2022 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2021Change
Net profit9.18 billion8.42 billion+9.1%
Gross profit23.85 billion18.03 billion+32.3%
Total assets120 billion90.68 billion+32.2%
Total liabilities73.63 billion46.35 billion+58.8%
Shareholders' equity46.27 billion44.33 billion+4.4%
Total liabilities and equity120 billion90.68 billion+32.2%
Operating cash flow14.59 billion16.02 billion−8.9%
Investing cash flow-17.63 billion-9.83 billion−79.3%
Financing cash flow6.77 billion-5.19 billion+230.5%
Net change in cash3.73 billion1.24 billion+201.3%

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.

Official report (PDF)All of Telecom Egypt's statements, five yearsAsk the AI analyst about ETEL

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