Gadwa for Industrial Development 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 profit420 millionEGP · +196.5% vs the same period a year earlier
Total assets15.22 billionEGP · +64.4% vs the same period a year earlier
Shareholders' equity4.12 billionEGP · +59.0% vs the same period a year earlier
Operating cash flow-537 millionEGP · −180.9% vs the same period a year earlier
In short
- Gadwa for Industrial Development's net profit for Q1 2024 was about 420 million EGP, up +196.5% from 142 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 15.22 billion EGP, and shareholders' equity about 4.12 billion EGP.
- Operating cash flow for Q1 2024 was negative at 537 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit420 million142 million+196.5%
Gross profit1.42 billion549 million+159.7%
Total assets15.22 billion9.26 billion+64.4%
Total liabilities11.1 billion6.67 billion+66.4%
Shareholders' equity4.12 billion2.59 billion+59.0%
Total liabilities and equity15.22 billion9.26 billion+64.4%
Operating cash flow-537 million663 million−180.9%
Investing cash flow-36.36 million-46.97 million+22.6%
Financing cash flow583 million68.99 million+744.6%
Net change in cash9.79 million685 million−98.6%
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.
Gadwa for Industrial Development's Q3 2026 results, the day they are published
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