Heliopolis Housing 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 profit650 millionEGP · +1058.5% vs the same period a year earlier
Total assets11.93 billionEGP · +145.8% vs the same period a year earlier
Shareholders' equity8.16 billionEGP · +940.7% vs the same period a year earlier
Operating cash flow-2.6 billionEGP · −1666.6% vs the same period a year earlier
In short
- Heliopolis Housing's net profit for Q2 2024 was about 650 million EGP, up +1058.5% from -67.82 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 11.93 billion EGP, and shareholders' equity about 8.16 billion EGP.
- Operating cash flow for Q2 2024 was negative at 2.6 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit650 million-67.82 million+1058.5%
Gross profit440 million97.62 million+350.8%
Total assets11.93 billion4.85 billion+145.8%
Total liabilities3.77 billion4.07 billion−7.3%
Shareholders' equity8.16 billion784 million+940.7%
Total liabilities and equity11.93 billion4.85 billion+145.8%
Operating cash flow-2.6 billion-147 million−1666.6%
Investing cash flow546 million103 million+431.0%
Financing cash flow-1.99 billion39.28 million−5157.5%
Net change in cash-4.04 billion-4.77 million−84487.6%
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. 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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