Orascom Development Egypt results, Q3 2024
Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.
Net profit1.17 billionEGP · +25.7% vs the same period a year earlier
Total assets49.03 billionEGP · +31.5% vs the same period a year earlier
Shareholders' equity12.2 billionEGP · +36.3% vs the same period a year earlier
Operating cash flow708 millionEGP · −30.1% vs the same period a year earlier
In short
- Orascom Development Egypt's net profit for Q3 2024 was about 1.17 billion EGP, up +25.7% from 929 million EGP in Q3 2023.
- Total assets at the end of Q3 2024 were about 49.03 billion EGP, and shareholders' equity about 12.2 billion EGP.
- Operating cash flow for Q3 2024 was positive at 708 million EGP.
Key lines against the same period a year earlier
This periodQ3 2023Change
Net profit1.17 billion929 million+25.7%
Gross profit1.79 billion1.44 billion+24.7%
Total assets49.03 billion37.28 billion+31.5%
Total liabilities36.83 billion28.33 billion+30.0%
Shareholders' equity12.2 billion8.95 billion+36.3%
Total liabilities and equity49.03 billion37.28 billion+31.5%
Operating cash flow708 million1.01 billion−30.1%
Investing cash flow-393 million-265 million−48.5%
Financing cash flow-386 million80.66 million−578.8%
Net change in cash-71.49 million829 million−108.6%
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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