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Faisal Islamic Bank of Egypt (USD) 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 profit2.2 billionEGP · +70.4% vs the same period a year earlier
Total assets169 billionEGP · +21.2% vs the same period a year earlier
Shareholders' equity24.95 billionEGP · +35.7% vs the same period a year earlier
Operating cash flow7.79 billionEGP · +12.7% vs the same period a year earlier

In short

  • Faisal Islamic Bank of Egypt (USD)'s net profit for Q1 2023 was about 2.2 billion EGP, up +70.4% from 1.29 billion EGP in Q1 2022.
  • Total assets at the end of Q1 2023 were about 169 billion EGP, and shareholders' equity about 24.95 billion EGP.
  • Operating cash flow for Q1 2023 was positive at 7.79 billion EGP.
Source: the Q1 2023 financial statements

Key lines against the same period a year earlier

This periodQ1 2022Change
Net profit2.2 billion1.29 billion+70.4%
Total assets169 billion140 billion+21.2%
Total liabilities144 billion121 billion+19.1%
Shareholders' equity24.95 billion18.38 billion+35.7%
Total liabilities and equity169 billion140 billion+21.2%
Operating cash flow7.79 billion6.92 billion+12.7%
Investing cash flow-1.48 billion-2.86 billion+48.2%
Financing cash flow-966 million-530 million−82.2%
Net change in cash5.35 billion3.53 billion+51.5%

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.

Official report (PDF)All of Faisal Islamic Bank of Egypt (USD)'s statements, five yearsAsk the AI analyst about FAITA

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