Palm Hills 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 profit532 millionEGP · +54.3% 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 flow842 millionEGP · +477.3% vs the same period a year earlier
In short
- Palm Hills's net profit for Q4 2023 was about 532 million EGP, up +54.3% from 345 million EGP in Q4 2022.
- Total assets at the end of Q4 2023 were about 74.3 billion EGP, and shareholders' equity about 11.72 billion EGP.
- Operating cash flow for Q4 2023 was positive at 842 million EGP.
Key lines against the same period a year earlier
This periodQ4 2022Change
Net profit532 million345 million+54.3%
Gross profit1.75 billion1.13 billion+54.2%
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 flow842 million-223 million+477.3%
Investing cash flow-2.32 million-220 million+98.9%
Financing cash flow169 million404 million−58.3%
Net change in cash1.01 billion-39.09 million+2678.9%
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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