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Middle East Glass Manufacturing results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit109 millionEGP · −52.9% vs the same period a year earlier
Total assets7.21 billionEGP · +28.8% vs the same period a year earlier
Shareholders' equity1.56 billionEGP · +21.2% vs the same period a year earlier
Operating cash flow393 millionEGP · −13.3% vs the same period a year earlier

In short

  • Middle East Glass Manufacturing's net profit for Q3 2024 was about 109 million EGP, down −52.9% from 232 million EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 7.21 billion EGP, and shareholders' equity about 1.56 billion EGP.
  • Operating cash flow for Q3 2024 was positive at 393 million EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit109 million232 million−52.9%
Gross profit661 million519 million+27.3%
Total assets7.21 billion5.6 billion+28.8%
Total liabilities5.64 billion4.31 billion+31.0%
Shareholders' equity1.56 billion1.29 billion+21.2%
Total liabilities and equity7.21 billion5.6 billion+28.8%
Operating cash flow393 million453 million−13.3%
Investing cash flow-261 million-151 million−73.1%
Financing cash flow125 million49.94 million+149.4%
Net change in cash257 million353 million−27.1%

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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