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Remco 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 profit-857 millionEGP · −584.5% vs the same period a year earlier
Total assets9.85 billionEGP · +14.6% vs the same period a year earlier
Shareholders' equity1.05 billionEGP · −69.4% vs the same period a year earlier
Operating cash flow-389 millionEGP · −458.8% vs the same period a year earlier

In short

  • Remco's net profit for Q2 2024 was about -857 million EGP, down −584.5% from -125 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 9.85 billion EGP, and shareholders' equity about 1.05 billion EGP.
  • Operating cash flow for Q2 2024 was negative at 389 million EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit-857 million-125 million−584.5%
Gross profit-602 million1.31 million−46223.6%
Total assets9.85 billion8.59 billion+14.6%
Total liabilities8.79 billion5.14 billion+71.0%
Shareholders' equity1.05 billion3.45 billion−69.4%
Total liabilities and equity9.85 billion8.59 billion+14.6%
Operating cash flow-389 million-69.52 million−458.8%
Investing cash flow430 million-29.41 million+1561.1%
Financing cash flow-32.34 million106 million−130.6%
Net change in cash8.91 million6.73 million+32.4%

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 Remco's statements, five yearsAsk the AI analyst about RTVC

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