Pioneers Properties For Urban Development - PRE Group results, Q2 2024
Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.
Net profit130 millionEGP · +203.0% vs the same period a year earlier
Total assets53.76 billionEGP · +42.6% vs the same period a year earlier
Shareholders' equity13.52 billionEGP · +32.1% vs the same period a year earlier
Operating cash flow370 millionEGP · −12.3% vs the same period a year earlier
In short
- Pioneers Properties For Urban Development - PRE Group's net profit for Q2 2024 was about 130 million EGP, up +203.0% from 43.02 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 53.76 billion EGP, and shareholders' equity about 13.52 billion EGP.
- Operating cash flow for Q2 2024 was positive at 370 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit130 million43.02 million+203.0%
Gross profit425 million350 million+21.6%
Total assets53.76 billion37.69 billion+42.6%
Total liabilities40.24 billion27.46 billion+46.6%
Shareholders' equity13.52 billion10.23 billion+32.1%
Total liabilities and equity53.76 billion37.69 billion+42.6%
Operating cash flow370 million422 million−12.3%
Investing cash flow34.77 million27.74 million+25.3%
Financing cash flow-164 million-3.98 million−4024.5%
Net change in cash240 million446 million−46.1%
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.
Pioneers Properties For Urban Development - PRE Group's Q3 2026 results, the day they are published
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