Housing & Development Bank 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 profit2.8 billionEGP · +110.9% vs the same period a year earlier
Total assets140 billionEGP · +15.0% vs the same period a year earlier
Shareholders' equity18.51 billionEGP · +43.5% vs the same period a year earlier
Operating cash flow4.05 billionEGP · −65.5% vs the same period a year earlier
In short
- Housing & Development Bank's net profit for Q1 2024 was about 2.8 billion EGP, up +110.9% from 1.33 billion EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 140 billion EGP, and shareholders' equity about 18.51 billion EGP.
- Operating cash flow for Q1 2024 was positive at 4.05 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit2.8 billion1.33 billion+110.9%
Total assets140 billion121 billion+15.0%
Total liabilities121 billion108 billion+11.6%
Shareholders' equity18.51 billion12.89 billion+43.5%
Total liabilities and equity140 billion121 billion+15.0%
Operating cash flow4.05 billion11.73 billion−65.5%
Investing cash flow12.27 billion-4.05 billion+402.9%
Financing cash flow-541 million-324 million−66.7%
Net change in cash15.77 billion7.36 billion+114.3%
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.
Housing & Development Bank's Q3 2026 results, the day they are published
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