Palm Hills 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 profit441 millionEGP · +25.2% vs the same period a year earlier
Total assets61.21 billionEGP · +33.8% vs the same period a year earlier
Shareholders' equity11.14 billionEGP · +12.9% vs the same period a year earlier
Operating cash flow917 millionEGP · +245.2% vs the same period a year earlier
In short
- Palm Hills's net profit for Q3 2023 was about 441 million EGP, up +25.2% from 352 million EGP in Q3 2022.
- Total assets at the end of Q3 2023 were about 61.21 billion EGP, and shareholders' equity about 11.14 billion EGP.
- Operating cash flow for Q3 2023 was positive at 917 million EGP.
Key lines against the same period a year earlier
This periodQ3 2022Change
Net profit441 million352 million+25.2%
Gross profit1.36 billion1.02 billion+33.7%
Total assets61.21 billion45.76 billion+33.8%
Total liabilities50.07 billion35.89 billion+39.5%
Shareholders' equity11.14 billion9.87 billion+12.9%
Total liabilities and equity61.21 billion45.76 billion+33.8%
Operating cash flow917 million-632 million+245.2%
Investing cash flow-162 million10.36 million−1661.1%
Financing cash flow-402 million589 million−168.1%
Net change in cash353 million-31.71 million+1213.8%
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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