Misr Hotels 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. fiscal year starts in July.
Net profit220 millionEGP · +158.9% vs the same period a year earlier
Total assets2.29 billionEGP · +19.4% vs the same period a year earlier
Shareholders' equity1.04 billionEGP · +63.0% vs the same period a year earlier
Operating cash flow186 millionEGP · +287.6% vs the same period a year earlier
In short
- Misr Hotels's net profit for Q2 2023 was about 220 million EGP, up +158.9% from 85.13 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 2.29 billion EGP, and shareholders' equity about 1.04 billion EGP.
- Operating cash flow for Q2 2023 was positive at 186 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit220 million85.13 million+158.9%
Gross profit220 million113 million+94.4%
Total assets2.29 billion1.92 billion+19.4%
Total liabilities1.25 billion1.28 billion−2.4%
Shareholders' equity1.04 billion639 million+63.0%
Total liabilities and equity2.29 billion1.92 billion+19.4%
Operating cash flow186 million-99.38 million+287.6%
Investing cash flow-24.85 million-24.6 million−1.0%
Financing cash flow-115 million-39.24 million−192.0%
Net change in cash47.04 million-163 million+128.8%
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.
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