Palm Hills 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 profit649 millionEGP · +47.0% vs the same period a year earlier
Total assets104 billionEGP · +70.1% vs the same period a year earlier
Shareholders' equity13.72 billionEGP · +23.2% vs the same period a year earlier
Operating cash flow2.59 billionEGP · +182.1% vs the same period a year earlier
In short
- Palm Hills's net profit for Q3 2024 was about 649 million EGP, up +47.0% from 441 million EGP in Q3 2023.
- Total assets at the end of Q3 2024 were about 104 billion EGP, and shareholders' equity about 13.72 billion EGP.
- Operating cash flow for Q3 2024 was positive at 2.59 billion EGP.
Key lines against the same period a year earlier
This periodQ3 2023Change
Net profit649 million441 million+47.0%
Gross profit2.36 billion1.36 billion+73.6%
Total assets104 billion61.21 billion+70.1%
Total liabilities90.38 billion50.07 billion+80.5%
Shareholders' equity13.72 billion11.14 billion+23.2%
Total liabilities and equity104 billion61.21 billion+70.1%
Operating cash flow2.59 billion917 million+182.1%
Investing cash flow-2.2 billion-162 million−1258.4%
Financing cash flow403 million-402 million+200.3%
Net change in cash791 million353 million+123.8%
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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