Heliopolis Housing 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 profit748 millionEGP · +11.5% vs the same period a year earlier
Total assets15.6 billionEGP · +202.2% vs the same period a year earlier
Shareholders' equity9.51 billionEGP · +580.5% vs the same period a year earlier
Operating cash flow33.66 millionEGP · −95.6% vs the same period a year earlier
In short
- Heliopolis Housing's net profit for Q1 2024 was about 748 million EGP, up +11.5% from 671 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 15.6 billion EGP, and shareholders' equity about 9.51 billion EGP.
- Operating cash flow for Q1 2024 was positive at 33.66 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit748 million671 million+11.5%
Gross profit181 million1.12 billion−83.8%
Total assets15.6 billion5.16 billion+202.2%
Total liabilities6.09 billion3.77 billion+61.7%
Shareholders' equity9.51 billion1.4 billion+580.5%
Total liabilities and equity15.6 billion5.16 billion+202.2%
Operating cash flow33.66 million768 million−95.6%
Investing cash flow-4.48 billion6.39 million−70233.9%
Financing cash flow-1.06 billion-656 million−61.5%
Net change in cash-5.51 billion118 million−4755.4%
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.
Heliopolis Housing's Q3 2026 results, the day they are published
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