Orascom Development Egypt results, Q4 2023
Net profit, assets, equity and cash flow for Q4 2023, against the same period a year earlier, from the published financial statements.
Net profit1.03 billionEGP · +254.9% 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 flow1.57 billionEGP · +130.4% vs the same period a year earlier
In short
- Orascom Development Egypt's net profit for Q4 2023 was about 1.03 billion EGP, up +254.9% from 289 million EGP in Q4 2022.
- Total assets at the end of Q4 2023 were about 39.24 billion EGP, and shareholders' equity about 9.97 billion EGP.
- Operating cash flow for Q4 2023 was positive at 1.57 billion EGP.
Key lines against the same period a year earlier
This periodQ4 2022Change
Net profit1.03 billion289 million+254.9%
Gross profit1.82 billion1.07 billion+69.5%
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 flow1.57 billion683 million+130.4%
Investing cash flow-771 million-469 million−64.5%
Financing cash flow-194 million489 million−139.7%
Net change in cash608 million703 million−13.6%
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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