Misr Hotels 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. fiscal year starts in July.
Net profit430 millionEGP · +95.2% vs the same period a year earlier
Total assets2.72 billionEGP · +18.5% vs the same period a year earlier
Shareholders' equity1.49 billionEGP · +42.9% vs the same period a year earlier
Operating cash flow334 millionEGP · +79.0% vs the same period a year earlier
In short
- Misr Hotels's net profit for Q2 2024 was about 430 million EGP, up +95.2% from 220 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 2.72 billion EGP, and shareholders' equity about 1.49 billion EGP.
- Operating cash flow for Q2 2024 was positive at 334 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit430 million220 million+95.2%
Gross profit523 million220 million+137.5%
Total assets2.72 billion2.29 billion+18.5%
Total liabilities1.23 billion1.25 billion−1.8%
Shareholders' equity1.49 billion1.04 billion+42.9%
Total liabilities and equity2.72 billion2.29 billion+18.5%
Operating cash flow334 million186 million+79.0%
Investing cash flow38.55 million-24.85 million+255.1%
Financing cash flow-539 million-115 million−370.6%
Net change in cash-167 million47.04 million−454.7%
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.
Misr Hotels's Q1 2027 results, the day they are published
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