Pioneers Properties For Urban Development - PRE Group results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit66.08 millionEGP · −80.7% vs the same period a year earlier
Total assets35.49 billionEGP · +31.2% vs the same period a year earlier
Shareholders' equity10.24 billionEGP · +2.4% vs the same period a year earlier
Operating cash flow-49.45 millionEGP · +74.4% vs the same period a year earlier
In short
- Pioneers Properties For Urban Development - PRE Group's net profit for Q1 2023 was about 66.08 million EGP, down −80.7% from 343 million EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 35.49 billion EGP, and shareholders' equity about 10.24 billion EGP.
- Operating cash flow for Q1 2023 was negative at 49.45 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit66.08 million343 million−80.7%
Gross profit393 million489 million−19.6%
Total assets35.49 billion27.06 billion+31.2%
Total liabilities25.24 billion17.05 billion+48.0%
Shareholders' equity10.24 billion10 billion+2.4%
Total liabilities and equity35.49 billion27.06 billion+31.2%
Operating cash flow-49.45 million-193 million+74.4%
Investing cash flow-7.31 million-170 million+95.7%
Financing cash flow6.03 million529 million−98.9%
Net change in cash-50.72 million166 million−130.6%
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.
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