Palm Hills results, Fiscal year 2023
Net profit, assets, equity and cash flow for Fiscal year 2023, against the same period a year earlier, from the published financial statements.
Net profit1.58 billionEGP · +25.9% vs the same period a year earlier
Total assets74.3 billionEGP · +50.1% vs the same period a year earlier
Shareholders' equity11.72 billionEGP · +15.2% vs the same period a year earlier
Operating cash flow753 millionEGP · +183.1% vs the same period a year earlier
In short
- Palm Hills's net profit for Fiscal year 2023 was about 1.58 billion EGP, up +25.9% from 1.26 billion EGP in Fiscal year 2022.
- Total assets at the end of Fiscal year 2023 were about 74.3 billion EGP, and shareholders' equity about 11.72 billion EGP.
- Operating cash flow for Fiscal year 2023 was positive at 753 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2022Change
Net profit1.58 billion1.26 billion+25.9%
Gross profit5.55 billion4.49 billion+23.8%
Total assets74.3 billion49.51 billion+50.1%
Total liabilities62.58 billion39.33 billion+59.1%
Shareholders' equity11.72 billion10.17 billion+15.2%
Total liabilities and equity74.3 billion49.51 billion+50.1%
Operating cash flow753 million-907 million+183.1%
Investing cash flow-517 million-346 million−49.4%
Financing cash flow169 million1.4 billion−88.0%
Net change in cash2.02 billion151 million+1236.4%
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.
Palm Hills's Q3 2026 results, the day they are published
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