Sues Canal Company For Technology Settling results, Q2 2023
Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements. fiscal year starts in September.
Net profit197 millionEGP · +15.8% vs the same period a year earlier
Total assets3.72 billionEGP · +7.0% vs the same period a year earlier
Shareholders' equity2.75 billionEGP · +8.5% vs the same period a year earlier
Operating cash flow150 millionEGP · +2.8% vs the same period a year earlier
In short
- Sues Canal Company For Technology Settling's net profit for Q2 2023 was about 197 million EGP, up +15.8% from 170 million EGP in Q2 2022.
- Total assets at the end of Q2 2023 were about 3.72 billion EGP, and shareholders' equity about 2.75 billion EGP.
- Operating cash flow for Q2 2023 was positive at 150 million EGP.
Key lines against the same period a year earlier
This periodQ2 2022Change
Net profit197 million170 million+15.8%
Gross profit222 million211 million+5.2%
Total assets3.72 billion3.48 billion+7.0%
Total liabilities975 million947 million+2.9%
Shareholders' equity2.75 billion2.53 billion+8.5%
Total liabilities and equity3.72 billion3.48 billion+7.0%
Operating cash flow150 million146 million+2.8%
Investing cash flow-718 million-101 million−609.8%
Financing cash flow-491 million-462 million−6.2%
Net change in cash-1.06 billion-417 million−153.7%
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.
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