Telecom Egypt 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 profit3.88 billionEGP · +1.8% vs the same period a year earlier
Total assets177 billionEGP · +33.1% vs the same period a year earlier
Shareholders' equity40.78 billionEGP · −6.0% vs the same period a year earlier
Operating cash flow8.62 billionEGP · +48.9% vs the same period a year earlier
In short
- Telecom Egypt's net profit for Q1 2024 was about 3.88 billion EGP, up +1.8% from 3.81 billion EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 177 billion EGP, and shareholders' equity about 40.78 billion EGP.
- Operating cash flow for Q1 2024 was positive at 8.62 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit3.88 billion3.81 billion+1.8%
Gross profit6.96 billion6.17 billion+12.8%
Total assets177 billion133 billion+33.1%
Total liabilities136 billion89.42 billion+52.1%
Shareholders' equity40.78 billion43.38 billion−6.0%
Total liabilities and equity177 billion133 billion+33.1%
Operating cash flow8.62 billion5.79 billion+48.9%
Investing cash flow-14.84 billion-5.9 billion−151.7%
Financing cash flow5.31 billion5.61 billion−5.3%
Net change in cash-914 million5.5 billion−116.6%
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.
Telecom Egypt's Q3 2026 results, the day they are published
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