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Lotus For Agricultural Investments And Development 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 profit28.73 millionEGP · +28.4% vs the same period a year earlier
Total assets409 millionEGP · +29.5% vs the same period a year earlier
Shareholders' equity135 millionEGP · +21.7% vs the same period a year earlier
Operating cash flow33.17 millionEGP · −29.9% vs the same period a year earlier

In short

  • Lotus For Agricultural Investments And Development's net profit for Q2 2024 was about 28.73 million EGP, up +28.4% from 22.38 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 409 million EGP, and shareholders' equity about 135 million EGP.
  • Operating cash flow for Q2 2024 was positive at 33.17 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit28.73 million22.38 million+28.4%
Gross profit88.46 million60.09 million+47.2%
Total assets409 million316 million+29.5%
Total liabilities274 million205 million+33.6%
Shareholders' equity135 million111 million+21.7%
Total liabilities and equity409 million316 million+29.5%
Operating cash flow33.17 million47.29 million−29.9%
Investing cash flow-792 thousand-73.29 million+98.9%
Financing cash flow-24.32 million30.12 million−180.7%
Net change in cash1.81 million4.13 million−56.1%

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.

Official report (PDF)All of Lotus For Agricultural Investments And Development's statements, five yearsAsk the AI analyst about LUTS

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