Pioneers Properties For Urban Development - PRE Group
PRDCFiscal year starts in January · currency EGP · latest: Q1 2025
Net profit · 2024
1.1billion
▲ 166.0% vs 2023
Total assets · 2024
60.76billion
▲ 39.5% vs 2023
Shareholders' equity · 2024
13.15billion
▲ 30.7% vs 2023
Operating cash flow · 2024
2.58billion
▲ 547.3% vs 2023
Key facts
Source: annual statements 2024- Pioneers Properties For Urban Development - PRE Group's net profit in 2024 was 1.1 billion EGP, up 166.0% from 414 million EGP in 2023.
- Total assets at the end of 2024 were 60.76 billion EGP, and shareholders' equity 13.15 billion EGP.
- Operating cash flow in 2024 was positive at 2.58 billion EGP.
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Annual net profit last 4 years
Net profit359million
206million
414million
1.1billion
2021202220232024
Summarised financial statements
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Item · EGP2021202220232024
Income statement
Net profit359 million206 million414 million1.1 billion
Gross profit283 million1.54 billion1.46 billion1.36 billion
Total assets25.74 billion33.09 billion43.55 billion60.76 billion
Total liabilities15.82 billion22.82 billion33.49 billion47.62 billion
Shareholders' equity9.92 billion10.27 billion10.06 billion13.15 billion
Total liabilities and equity25.74 billion33.09 billion43.55 billion60.76 billion
Operating cash flow-9.73 million-839 million399 million2.58 billion
Investing cash flow-184 million-94.05 million-447 million30.71 million
Financing cash flow142 million1.48 billion2.93 million-1.84 billion
Net change in cash-51.94 million552 million-44.96 million772 million
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Figures in Egyptian pounds from the published statement summaries, after normalising reporting units across periods. The exact figure is in the attached report.