Middle East Glass Manufacturing results, Q1 2024
Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.
Net profit312 millionEGP · +495.9% vs the same period a year earlier
Total assets6.67 billionEGP · +25.7% vs the same period a year earlier
Shareholders' equity1.13 billionEGP · +41.7% vs the same period a year earlier
Operating cash flow447 millionEGP · +187.5% vs the same period a year earlier
In short
- Middle East Glass Manufacturing's net profit for Q1 2024 was about 312 million EGP, up +495.9% from -78.75 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 6.67 billion EGP, and shareholders' equity about 1.13 billion EGP.
- Operating cash flow for Q1 2024 was positive at 447 million EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit312 million-78.75 million+495.9%
Gross profit627 million449 million+39.5%
Total assets6.67 billion5.31 billion+25.7%
Total liabilities5.53 billion4.51 billion+22.8%
Shareholders' equity1.13 billion801 million+41.7%
Total liabilities and equity6.67 billion5.31 billion+25.7%
Operating cash flow447 million155 million+187.5%
Investing cash flow-19.14 million-183 million+89.5%
Financing cash flow3.76 million172 million−97.8%
Net change in cash431 million144 million+199.2%
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.
Middle East Glass Manufacturing's Q3 2026 results, the day they are published
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