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Companies·MB·MBEG

MB 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 profit12.05 millionEGP · −71.3% vs the same period a year earlier
Total assets624 millionEGP · +71.0% vs the same period a year earlier
Shareholders' equity305 millionEGP · +138.4% vs the same period a year earlier
Operating cash flow-71.98 millionEGP · −94.8% vs the same period a year earlier

In short

  • MB's net profit for Q2 2024 was about 12.05 million EGP, down −71.3% from 42.05 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 624 million EGP, and shareholders' equity about 305 million EGP.
  • Operating cash flow for Q2 2024 was negative at 71.98 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit12.05 million42.05 million−71.3%
Gross profit122 million133 million−7.8%
Total assets624 million365 million+71.0%
Total liabilities319 million237 million+34.6%
Shareholders' equity305 million128 million+138.4%
Total liabilities and equity624 million365 million+71.0%
Operating cash flow-71.98 million-36.94 million−94.8%
Investing cash flow-187 million-11.09 million−1586.8%
Financing cash flow257 million37.29 million+588.3%
Net change in cash-2.37 million-10.74 million+77.9%

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 MB's statements, five yearsAsk the AI analyst about MBEG

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