Sues Canal Company For Technology Settling 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. fiscal year starts in September.
Net profit1.32 billionEGP · +54.2% vs the same period a year earlier
Total assets4.86 billionEGP · +24.4% vs the same period a year earlier
Shareholders' equity3.61 billionEGP · +20.6% vs the same period a year earlier
Operating cash flow1.16 billionEGP · +47.1% vs the same period a year earlier
In short
- Sues Canal Company For Technology Settling's net profit for Q1 2024 was about 1.32 billion EGP, up +54.2% from 859 million EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 4.86 billion EGP, and shareholders' equity about 3.61 billion EGP.
- Operating cash flow for Q1 2024 was positive at 1.16 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit1.32 billion859 million+54.2%
Gross profit1.54 billion1.08 billion+42.0%
Total assets4.86 billion3.91 billion+24.4%
Total liabilities1.25 billion911 million+37.0%
Shareholders' equity3.61 billion3 billion+20.6%
Total liabilities and equity4.86 billion3.91 billion+24.4%
Operating cash flow1.16 billion787 million+47.1%
Investing cash flow1.33 billion-658 million+302.9%
Financing cash flow-665 million-498 million−33.4%
Net change in cash1.83 billion-369 million+594.9%
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.
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