Naeem Real Estate results, Fiscal year 2024
Net profit, assets, equity and cash flow for Fiscal year 2024, against the same period a year earlier, from the published financial statements.
Net profit134 millionEGP · +410.1% vs the same period a year earlier
Total assets1.76 billionEGP · +38.9% vs the same period a year earlier
Shareholders' equity1.29 billionEGP · +34.1% vs the same period a year earlier
Operating cash flow291 millionEGP · +816.4% vs the same period a year earlier
In short
- Naeem Real Estate's net profit for Fiscal year 2024 was about 134 million EGP, up +410.1% from 26.28 million EGP in Fiscal year 2023.
- Total assets at the end of Fiscal year 2024 were about 1.76 billion EGP, and shareholders' equity about 1.29 billion EGP.
- Operating cash flow for Fiscal year 2024 was positive at 291 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2023Change
Net profit134 million26.28 million+410.1%
Gross profit218 million78.52 million+177.7%
Total assets1.76 billion1.27 billion+38.9%
Total liabilities471 million306 million+53.9%
Shareholders' equity1.29 billion959 million+34.1%
Total liabilities and equity1.76 billion1.27 billion+38.9%
Operating cash flow291 million31.8 million+816.4%
Investing cash flow-158 million-23.49 million−573.9%
Financing cash flow-2.32 million-8.74 million+73.5%
Net change in cash131 million-13.73 million+1052.6%
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.
Naeem Real Estate's Q3 2026 results, the day they are published
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