What was Middle East Glass Manufacturing's net profit in 2024?

Middle East Glass Manufacturing's net profit in 2024 was 1.07 billion EGP, up 79.0% from 598 million EGP in 2023. Source: annual statements 2024.

What were Middle East Glass Manufacturing's total assets and shareholders' equity in 2024?

Total assets at the end of 2024 were 7.02 billion EGP, and shareholders' equity 1.85 billion EGP. Source: annual statements 2024.

Was Middle East Glass Manufacturing's operating cash flow positive in 2024?

Operating cash flow in 2024 was positive at 1.11 billion EGP. Source: annual statements 2024.

EGX·Paper & Packaging

Middle East Glass Manufacturing

MEGM

Fiscal year starts in January · currency EGP · latest: Q2 2026

Next results: Q3 2026 — expected around 11 November 2026published last year on 11 November 2025Results calendar ←

Net profit · 2024

1.07billion

▲ 79.0% vs 2023

Total assets · 2024

7.02billion

▲ 27.1% vs 2023

Shareholders' equity · 2024

1.85billion

▲ 28.4% vs 2023

Operating cash flow · 2024

1.11billion

▼ 2.0% vs 2023

Key facts

Source: annual statements 2024

Middle East Glass Manufacturing's net profit in 2024 was 1.07 billion EGP, up 79.0% from 598 million EGP in 2023.
Total assets at the end of 2024 were 7.02 billion EGP, and shareholders' equity 1.85 billion EGP.
Operating cash flow in 2024 was positive at 1.11 billion EGP.

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Annual net profit last 5 years

Net profit

93.08million

175million

75.93million

598million

1.07billion

20202021202220232024

Summarised financial statements

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Item · EGP20202021202220232024

Income statement

Net profit93.08 million175 million75.93 million598 million1.07 billion

Gross profit688 million12.29 million1.07 billion1.92 billion2.71 billion

Total assets3.17 billion3.53 billion4.46 billion5.52 billion7.02 billion

Total liabilities2.55 billion2.75 billion3.58 billion4.08 billion5.17 billion

Shareholders' equity619 million783 million880 million1.44 billion1.85 billion

Total liabilities and equity3.17 billion3.53 billion4.46 billion5.52 billion7.02 billion

Operating cash flow73.96 million381 million756 million1.14 billion1.11 billion

Investing cash flow-255 million-351 million-429 million-648 million-421 million

Financing cash flow612 million34.39 million-262 million-285 million-603 million

Net change in cash432 million63.73 million65.1 million202 million88.37 million

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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. What does this line mean?

Results by period

One page per period: the figures against the same period a year earlier, and the official report.

Q3 2025 Q2 2025 Q1 2025 Fiscal year 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Fiscal year 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Fiscal year 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2022 Fiscal year 2021 Fiscal year 2020

Financial reports (19)

2026Q2