Pioneers Properties For Urban Development - PRE Group results, Q2 2023
Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.
Net profit43.02 millionEGP · −51.6% vs the same period a year earlier
Total assets37.69 billionEGP · +24.1% vs the same period a year earlier
Shareholders' equity10.23 billionEGP · −3.2% vs the same period a year earlier
Operating cash flow422 millionEGP · +25662.6% vs the same period a year earlier
In short
- Pioneers Properties For Urban Development - PRE Group's net profit for Q2 2023 was about 43.02 million EGP, down −51.6% from 88.98 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 37.69 billion EGP, and shareholders' equity about 10.23 billion EGP.
- Operating cash flow for Q2 2023 was positive at 422 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit43.02 million88.98 million−51.6%
Gross profit350 million406 million−13.9%
Total assets37.69 billion30.38 billion+24.1%
Total liabilities27.46 billion19.81 billion+38.6%
Shareholders' equity10.23 billion10.57 billion−3.2%
Total liabilities and equity37.69 billion30.38 billion+24.1%
Operating cash flow422 million-1.65 million+25662.6%
Investing cash flow27.74 million-149 million+118.6%
Financing cash flow-3.98 million304 million−101.3%
Net change in cash446 million153 million+191.1%
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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