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Middle East Glass Manufacturing results, Q1 2023

Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.

Net profit-78.75 millionEGP · −321.3% vs the same period a year earlier
Total assets5.31 billionEGP · +36.6% vs the same period a year earlier
Shareholders' equity801 millionEGP · −2.2% vs the same period a year earlier
Operating cash flow155 millionEGP · −47.5% vs the same period a year earlier

In short

  • Middle East Glass Manufacturing's net profit for Q1 2023 was about -78.75 million EGP, down −321.3% from 35.59 million EGP in Q1 2022.
  • Total assets at the end of Q1 2023 were about 5.31 billion EGP, and shareholders' equity about 801 million EGP.
  • Operating cash flow for Q1 2023 was positive at 155 million EGP.
Source: the Q1 2023 financial statements

Key lines against the same period a year earlier

This periodQ1 2022Change
Net profit-78.75 million35.59 million−321.3%
Gross profit449 million242 million+85.9%
Total assets5.31 billion3.89 billion+36.6%
Total liabilities4.51 billion3.07 billion+47.0%
Shareholders' equity801 million819 million−2.2%
Total liabilities and equity5.31 billion3.89 billion+36.6%
Operating cash flow155 million296 million−47.5%
Investing cash flow-183 million-113 million−62.7%
Financing cash flow172 million-24.26 million+808.8%
Net change in cash144 million159 million−9.4%

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.

Official report (PDF)All of Middle East Glass Manufacturing's statements, five yearsAsk the AI analyst about MEGM

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