Gadwa for Industrial Development results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.
Net profit430 millionEGP · +64.8% vs the same period a year earlier
Total assets17.26 billionEGP
Shareholders' equity4.48 billionEGP
Operating cash flow-1.14 billionEGP
In short
- Gadwa for Industrial Development's net profit for Q2 2024 was about 430 million EGP, up +64.8% from 261 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 17.26 billion EGP, and shareholders' equity about 4.48 billion EGP.
- Operating cash flow for Q2 2024 was negative at 1.14 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit430 million261 million+64.8%
Gross profit1.4 billion812 million+72.5%
Total assets17.26 billion——
Total liabilities12.78 billion——
Shareholders' equity4.48 billion——
Total liabilities and equity17.26 billion10.39 billion+66.1%
Operating cash flow-1.14 billion——
Investing cash flow23.73 million-107 million+122.1%
Financing cash flow639 million58.99 million+983.3%
Net change in cash-472 million——
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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