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SODIC 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.

Net profit2.53 billionEGP · +206.2% vs the same period a year earlier
Total assets54.37 billionEGP · +40.4% vs the same period a year earlier
Shareholders' equity11.42 billionEGP · +31.5% vs the same period a year earlier
Operating cash flow839 millionEGP · +289.1% vs the same period a year earlier

In short

  • SODIC's net profit for Q2 2024 was about 2.53 billion EGP, up +206.2% from 825 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 54.37 billion EGP, and shareholders' equity about 11.42 billion EGP.
  • Operating cash flow for Q2 2024 was positive at 839 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit2.53 billion825 million+206.2%
Gross profit5.59 billion3.71 billion+50.7%
Total assets54.37 billion38.72 billion+40.4%
Total liabilities42.95 billion30.03 billion+43.0%
Shareholders' equity11.42 billion8.68 billion+31.5%
Total liabilities and equity54.37 billion38.72 billion+40.4%
Operating cash flow839 million-444 million+289.1%
Investing cash flow188 million608 million−69.1%
Financing cash flow449 million21.34 million+2004.5%
Net change in cash1.48 billion186 million+692.8%

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.

Official report (PDF)All of SODIC's statements, five yearsAsk the AI analyst about OCDI

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