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Housing & Development Bank results, Q4 2023

Net profit, assets, equity and cash flow for Q4 2023, against the same period a year earlier, from the published financial statements.

Net profit1.8 billionEGP · +149.3% vs the same period a year earlier
Total assets131 billionEGP · +21.2% vs the same period a year earlier
Shareholders' equity18.05 billionEGP · +42.8% vs the same period a year earlier
Operating cash flow4.85 billionEGP · +172.3% vs the same period a year earlier

In short

  • Housing & Development Bank's net profit for Q4 2023 was about 1.8 billion EGP, up +149.3% from 724 million EGP in Q4 2022.
  • Total assets at the end of Q4 2023 were about 131 billion EGP, and shareholders' equity about 18.05 billion EGP.
  • Operating cash flow for Q4 2023 was positive at 4.85 billion EGP.
Source: the Q4 2023 financial statements

Key lines against the same period a year earlier

This periodQ4 2022Change
Net profit1.8 billion724 million+149.3%
Total assets131 billion108 billion+21.2%
Total liabilities113 billion95.24 billion+18.3%
Shareholders' equity18.05 billion12.64 billion+42.8%
Total liabilities and equity131 billion108 billion+21.2%
Operating cash flow4.85 billion-6.71 billion+172.3%
Investing cash flow-6.37 billion5.22 billion−222.1%
Financing cash flow-47.36 million-108 million+56.0%
Net change in cash-1.56 billion-1.61 billion+2.8%

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.

The report file for this period has not been published yet.All of Housing & Development Bank's statements, five yearsAsk the AI analyst about HDBK

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