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Pioneers Properties For Urban Development - PRE Group results, Q4 2023

Net profit, assets, equity and cash flow for Q4 2023, against the same period a year earlier, from the published financial statements.

Net profit302 millionEGP · +226.1% vs the same period a year earlier
Total assets43.55 billionEGP · +31.6% vs the same period a year earlier
Shareholders' equity10.06 billionEGP · −2.0% vs the same period a year earlier
Operating cash flow-291 millionEGP · +47.5% vs the same period a year earlier

In short

  • Pioneers Properties For Urban Development - PRE Group's net profit for Q4 2023 was about 302 million EGP, up +226.1% from -240 million EGP in Q4 2022.
  • Total assets at the end of Q4 2023 were about 43.55 billion EGP, and shareholders' equity about 10.06 billion EGP.
  • Operating cash flow for Q4 2023 was negative at 291 million EGP.
Source: the Q4 2023 financial statements

Key lines against the same period a year earlier

This periodQ4 2022Change
Net profit302 million-240 million+226.1%
Gross profit395 million530 million−25.4%
Total assets43.55 billion33.09 billion+31.6%
Total liabilities33.49 billion22.82 billion+46.8%
Shareholders' equity10.06 billion10.27 billion−2.0%
Total liabilities and equity43.55 billion33.09 billion+31.6%
Operating cash flow-291 million-555 million+47.5%
Investing cash flow-482 million227 million−311.9%
Financing cash flow293 million350 million−16.1%
Net change in cash-480 million22.36 million−2244.7%

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.

The report file for this period has not been published yet.All of Pioneers Properties For Urban Development - PRE Group's statements, five yearsAsk the AI analyst about PRDC

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