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Middle East Glass Manufacturing 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 profit1.07 billionEGP · +79.0% vs the same period a year earlier
Total assets7.02 billionEGP · +27.1% vs the same period a year earlier
Shareholders' equity1.85 billionEGP · +28.4% vs the same period a year earlier
Operating cash flow1.11 billionEGP · −2.0% vs the same period a year earlier

In short

  • Middle East Glass Manufacturing's net profit for Q2 2024 was about 1.07 billion EGP, up +79.0% from 598 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 7.02 billion EGP, and shareholders' equity about 1.85 billion EGP.
  • Operating cash flow for Q2 2024 was positive at 1.11 billion EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit1.07 billion598 million+79.0%
Gross profit2.71 billion1.92 billion+41.6%
Total assets7.02 billion5.52 billion+27.1%
Total liabilities5.17 billion4.08 billion+26.6%
Shareholders' equity1.85 billion1.44 billion+28.4%
Total liabilities and equity7.02 billion5.52 billion+27.1%
Operating cash flow1.11 billion1.14 billion−2.0%
Investing cash flow-421 million-648 million+35.1%
Financing cash flow-603 million-285 million−111.6%
Net change in cash88.37 million202 million−56.2%

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.

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

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