Madinet Masr 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 profit2.91 billionEGP · +36.9% vs the same period a year earlier
Total assets27.53 billionEGP · +49.0% vs the same period a year earlier
Shareholders' equity10.07 billionEGP · +34.9% vs the same period a year earlier
Operating cash flow1.2 billionEGP · −32.2% vs the same period a year earlier
In short
- Madinet Masr's net profit for Q2 2024 was about 2.91 billion EGP, up +36.9% from 2.13 billion EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 27.53 billion EGP, and shareholders' equity about 10.07 billion EGP.
- Operating cash flow for Q2 2024 was positive at 1.2 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit2.91 billion2.13 billion+36.9%
Gross profit296 million5.09 billion−94.2%
Total assets27.53 billion18.47 billion+49.0%
Total liabilities17.46 billion11.01 billion+58.6%
Shareholders' equity10.07 billion7.47 billion+34.9%
Total liabilities and equity27.53 billion18.47 billion+49.0%
Operating cash flow1.2 billion1.77 billion−32.2%
Investing cash flow-229 million91.95 million−349.4%
Financing cash flow244 million-1.28 billion+119.1%
Net change in cash1.21 billion266 million+355.4%
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.
Madinet Masr's Q3 2026 results, the day they are published
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