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Middle East Glass Manufacturing results, Q2 2023

Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.

Net profit598 millionEGP · +687.6% vs the same period a year earlier
Total assets5.52 billionEGP · +23.6% vs the same period a year earlier
Shareholders' equity1.44 billionEGP · +63.6% vs the same period a year earlier
Operating cash flow1.14 billionEGP · +50.1% vs the same period a year earlier

In short

  • Middle East Glass Manufacturing's net profit for Q2 2023 was about 598 million EGP, up +687.6% from 75.93 million EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 5.52 billion EGP, and shareholders' equity about 1.44 billion EGP.
  • Operating cash flow for Q2 2023 was positive at 1.14 billion EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit598 million75.93 million+687.6%
Gross profit1.92 billion1.07 billion+79.3%
Total assets5.52 billion4.46 billion+23.6%
Total liabilities4.08 billion3.58 billion+13.8%
Shareholders' equity1.44 billion880 million+63.6%
Total liabilities and equity5.52 billion4.46 billion+23.6%
Operating cash flow1.14 billion756 million+50.1%
Investing cash flow-648 million-429 million−51.1%
Financing cash flow-285 million-216 million−32.0%
Net change in cash202 million65.1 million+210.0%

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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