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Housing & Development Bank results, Fiscal year 2024

Net profit, assets, equity and cash flow for Fiscal year 2024, against the same period a year earlier, from the published financial statements.

Net profit27.99 millionEGP · −99.6% vs the same period a year earlier
Total assets189 billionEGP · +44.4% vs the same period a year earlier
Shareholders' equity28.17 billionEGP · +56.1% vs the same period a year earlier
Operating cash flow44.25 billionEGP · +181.7% vs the same period a year earlier

In short

  • Housing & Development Bank's net profit for Fiscal year 2024 was about 27.99 million EGP, down −99.6% from 6.54 billion EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 189 billion EGP, and shareholders' equity about 28.17 billion EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 44.25 billion EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit27.99 million6.54 billion−99.6%
Total assets189 billion131 billion+44.4%
Total liabilities161 billion113 billion+42.6%
Shareholders' equity28.17 billion18.05 billion+56.1%
Total liabilities and equity189 billion131 billion+44.4%
Operating cash flow44.25 billion15.71 billion+181.7%
Investing cash flow-3.74 billion-6.51 billion+42.5%
Financing cash flow-2.78 billion-1.25 billion−122.7%
Net change in cash37.73 billion7.95 billion+374.6%

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.

Official report (PDF)All of Housing & Development Bank's statements, five yearsAsk the AI analyst about HDBK

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