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SODIC 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.

Net profit825 millionEGP · +58.7% vs the same period a year earlier
Total assets38.72 billionEGP · +27.4% vs the same period a year earlier
Shareholders' equity8.68 billionEGP · +18.8% vs the same period a year earlier
Operating cash flow-444 millionEGP · −177.1% vs the same period a year earlier

In short

  • SODIC's net profit for Q2 2023 was about 825 million EGP, up +58.7% from 520 million EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 38.72 billion EGP, and shareholders' equity about 8.68 billion EGP.
  • Operating cash flow for Q2 2023 was negative at 444 million EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit825 million520 million+58.7%
Gross profit3.71 billion2.32 billion+59.7%
Total assets38.72 billion30.38 billion+27.4%
Total liabilities30.03 billion23.07 billion+30.2%
Shareholders' equity8.68 billion7.31 billion+18.8%
Total liabilities and equity38.72 billion30.38 billion+27.4%
Operating cash flow-444 million575 million−177.1%
Investing cash flow608 million-1.07 billion+157.0%
Financing cash flow21.34 million592 million−96.4%
Net change in cash186 million99.65 million+86.8%

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.

The report file for this period has not been published yet.All of SODIC's statements, five yearsAsk the AI analyst about OCDI

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