Telecom Egypt results, Fiscal year 2023
Net profit, assets, equity and cash flow for Fiscal year 2023, against the same period a year earlier, from the published financial statements.
Net profit11.47 billionEGP · +24.9% vs the same period a year earlier
Total assets151 billionEGP · +25.6% vs the same period a year earlier
Shareholders' equity50.88 billionEGP · +10.0% vs the same period a year earlier
Operating cash flow16.94 billionEGP · +16.1% vs the same period a year earlier
In short
- Telecom Egypt's net profit for Fiscal year 2023 was about 11.47 billion EGP, up +24.9% from 9.18 billion EGP in Fiscal year 2022.
- Total assets at the end of Fiscal year 2023 were about 151 billion EGP, and shareholders' equity about 50.88 billion EGP.
- Operating cash flow for Fiscal year 2023 was positive at 16.94 billion EGP.
Key lines against the same period a year earlier
This periodFiscal year 2022Change
Net profit11.47 billion9.18 billion+24.9%
Gross profit4.56 billion23.85 billion−80.9%
Total assets151 billion120 billion+25.6%
Total liabilities99.76 billion73.63 billion+35.5%
Shareholders' equity50.88 billion46.27 billion+10.0%
Total liabilities and equity151 billion120 billion+25.6%
Operating cash flow16.94 billion14.59 billion+16.1%
Investing cash flow-23.91 billion-17.63 billion−35.6%
Financing cash flow10.56 billion6.77 billion+55.9%
Net change in cash3.59 billion3.73 billion−3.8%
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.
Telecom Egypt's Q3 2026 results, the day they are published
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