Orascom Investment Holding 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 profit-28.22 millionEGP · −106.6% vs the same period a year earlier
Total assets4.84 billionEGP · +20.3% vs the same period a year earlier
Shareholders' equity3.07 billionEGP · +18.9% vs the same period a year earlier
Operating cash flow-228 millionEGP · −1611.6% vs the same period a year earlier
In short
- Orascom Investment Holding's net profit for Q2 2023 was about -28.22 million EGP, down −106.6% from 428 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 4.84 billion EGP, and shareholders' equity about 3.07 billion EGP.
- Operating cash flow for Q2 2023 was negative at 228 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit-28.22 million428 million−106.6%
Gross profit32.72 million-24.85 million+231.7%
Total assets4.84 billion4.03 billion+20.3%
Total liabilities1.77 billion1.45 billion+22.7%
Shareholders' equity3.07 billion2.58 billion+18.9%
Total liabilities and equity4.84 billion4.03 billion+20.3%
Operating cash flow-228 million-13.32 million−1611.6%
Investing cash flow-159 million-754 million+78.9%
Financing cash flow90.91 million181 million−49.8%
Net change in cash-296 million-587 million+49.5%
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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