Societe Arabe Internationale de Banque results, Q1 2024
Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.
Net profit34.32 millionUSD · +10.2% vs the same period a year earlier
Total assets2.95 billionUSD · −15.3% vs the same period a year earlier
Shareholders' equity388 millionUSD · −2.9% vs the same period a year earlier
Operating cash flow6.27 millionUSD · −94.9% vs the same period a year earlier
In short
- Societe Arabe Internationale de Banque's net profit for Q1 2024 was about 34.32 million USD, up +10.2% from 31.16 million USD in Q1 2023.
- Total assets at the end of Q1 2024 were about 2.95 billion USD, and shareholders' equity about 388 million USD.
- Operating cash flow for Q1 2024 was positive at 6.27 million USD.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit34.32 million31.16 million+10.2%
Total assets2.95 billion3.48 billion−15.3%
Total liabilities2.56 billion3.09 billion−16.9%
Shareholders' equity388 million400 million−2.9%
Total liabilities and equity2.95 billion3.48 billion−15.3%
Operating cash flow6.27 million123 million−94.9%
Investing cash flow-69.08 million-53.91 million−28.1%
Financing cash flow-54.88 million-27.34 million−100.8%
Net change in cash-118 million41.99 million−380.3%
Figures in USD 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.
Societe Arabe Internationale de Banque's Q3 2026 results, the day they are published
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