Orascom Development Egypt results, Q3 2023
Net profit, assets, equity and cash flow for Q3 2023, against the same period a year earlier, from the published financial statements.
Net profit929 millionEGP · +55.6% vs the same period a year earlier
Total assets37.28 billionEGP · +42.6% vs the same period a year earlier
Shareholders' equity8.95 billionEGP · +37.6% vs the same period a year earlier
Operating cash flow1.01 billionEGP · +209.4% vs the same period a year earlier
In short
- Orascom Development Egypt's net profit for Q3 2023 was about 929 million EGP, up +55.6% from 597 million EGP in Q3 2022.
- Total assets at the end of Q3 2023 were about 37.28 billion EGP, and shareholders' equity about 8.95 billion EGP.
- Operating cash flow for Q3 2023 was positive at 1.01 billion EGP.
Key lines against the same period a year earlier
This periodQ3 2022Change
Net profit929 million597 million+55.6%
Gross profit1.44 billion1.04 billion+37.8%
Total assets37.28 billion26.15 billion+42.6%
Total liabilities28.33 billion19.64 billion+44.2%
Shareholders' equity8.95 billion6.5 billion+37.6%
Total liabilities and equity37.28 billion26.15 billion+42.6%
Operating cash flow1.01 billion327 million+209.4%
Investing cash flow-265 million-278 million+4.7%
Financing cash flow80.66 million265 million−69.6%
Net change in cash829 million315 million+163.1%
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
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