Telecom Egypt 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 profit3.81 billionEGP · +179.1% vs the same period a year earlier
Total assets133 billionEGP · +33.4% vs the same period a year earlier
Shareholders' equity43.38 billionEGP · +4.1% vs the same period a year earlier
Operating cash flow5.79 billionEGP · +120.7% vs the same period a year earlier
In short
- Telecom Egypt's net profit for Q1 2023 was about 3.81 billion EGP, up +179.1% from 1.37 billion EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 133 billion EGP, and shareholders' equity about 43.38 billion EGP.
- Operating cash flow for Q1 2023 was positive at 5.79 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit3.81 billion1.37 billion+179.1%
Gross profit6.17 billion3.63 billion+70.2%
Total assets133 billion99.54 billion+33.4%
Total liabilities89.42 billion57.87 billion+54.5%
Shareholders' equity43.38 billion41.67 billion+4.1%
Total liabilities and equity133 billion99.54 billion+33.4%
Operating cash flow5.79 billion2.62 billion+120.7%
Investing cash flow-5.9 billion-5.46 billion−8.0%
Financing cash flow5.61 billion2.39 billion+134.8%
Net change in cash5.5 billion-449 million+1323.4%
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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