Orascom Development Egypt 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 profit2.83 billionEGP · +69.2% vs the same period a year earlier
Total assets39.24 billionEGP · +38.8% vs the same period a year earlier
Shareholders' equity9.97 billionEGP · +46.3% vs the same period a year earlier
Operating cash flow1.28 billionEGP · +22.8% vs the same period a year earlier
In short
- Orascom Development Egypt's net profit for Q2 2023 was about 2.83 billion EGP, up +69.2% from 1.67 billion EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 39.24 billion EGP, and shareholders' equity about 9.97 billion EGP.
- Operating cash flow for Q2 2023 was positive at 1.28 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit2.83 billion1.67 billion+69.2%
Gross profit5.11 billion3.33 billion+53.8%
Total assets39.24 billion28.27 billion+38.8%
Total liabilities29.27 billion21.46 billion+36.4%
Shareholders' equity9.97 billion6.81 billion+46.3%
Total liabilities and equity39.24 billion28.27 billion+38.8%
Operating cash flow1.28 billion1.05 billion+22.8%
Investing cash flow-1.67 billion-880 million−90.2%
Financing cash flow2.06 billion742 million+177.4%
Net change in cash1.67 billion908 million+83.9%
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.
Orascom Development Egypt's Q3 2026 results, the day they are published
One email on the day, no account, and a one-click stop in the email itself.
By subscribing you agree to receive these alerts only. Privacy policy