Palm Hills results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.
Net profit3.25 billionEGP · +105.8% vs the same period a year earlier
Total assets123 billionEGP · +66.1% vs the same period a year earlier
Shareholders' equity14.62 billionEGP · +24.8% vs the same period a year earlier
Operating cash flow3.08 billionEGP · +309.5% vs the same period a year earlier
In short
- Palm Hills's net profit for Q2 2024 was about 3.25 billion EGP, up +105.8% from 1.58 billion EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 123 billion EGP, and shareholders' equity about 14.62 billion EGP.
- Operating cash flow for Q2 2024 was positive at 3.08 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit3.25 billion1.58 billion+105.8%
Gross profit9.6 billion5.55 billion+72.8%
Total assets123 billion74.3 billion+66.1%
Total liabilities109 billion62.58 billion+73.9%
Shareholders' equity14.62 billion11.72 billion+24.8%
Total liabilities and equity123 billion74.3 billion+66.1%
Operating cash flow3.08 billion753 million+309.5%
Investing cash flow-3.04 billion-517 million−487.8%
Financing cash flow3.14 billion1.78 billion+76.0%
Net change in cash3.18 billion2.02 billion+57.6%
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.
Palm Hills's Q3 2026 results, the day they are published
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