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Pioneers Properties For Urban Development - PRE Group results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit1.1 billionEGP · +166.0% vs the same period a year earlier
Total assets60.76 billionEGP · +39.5% vs the same period a year earlier
Shareholders' equity13.15 billionEGP · +30.7% vs the same period a year earlier
Operating cash flow2.58 billionEGP · +547.3% vs the same period a year earlier

In short

  • Pioneers Properties For Urban Development - PRE Group's net profit for Q3 2024 was about 1.1 billion EGP, up +166.0% from 414 million EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 60.76 billion EGP, and shareholders' equity about 13.15 billion EGP.
  • Operating cash flow for Q3 2024 was positive at 2.58 billion EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit1.1 billion414 million+166.0%
Gross profit1.36 billion1.46 billion−6.6%
Total assets60.76 billion43.55 billion+39.5%
Total liabilities47.62 billion33.49 billion+42.2%
Shareholders' equity13.15 billion10.06 billion+30.7%
Total liabilities and equity60.76 billion43.55 billion+39.5%
Operating cash flow2.58 billion399 million+547.3%
Investing cash flow30.71 million-447 million+106.9%
Financing cash flow-1.84 billion2.93 million−62901.2%
Net change in cash772 million-44.96 million+1817.9%

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.

Official report (PDF)All of Pioneers Properties For Urban Development - PRE Group's statements, five yearsAsk the AI analyst about PRDC

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