Sues Canal Company For Technology Settling 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. fiscal year starts in September.
Net profit171 millionEGP · −13.3% vs the same period a year earlier
Total assets4.31 billionEGP · +16.0% vs the same period a year earlier
Shareholders' equity3 billionEGP · +9.4% vs the same period a year earlier
Operating cash flow305 millionEGP · +103.0% vs the same period a year earlier
In short
- Sues Canal Company For Technology Settling's net profit for Q2 2024 was about 171 million EGP, down −13.3% from 197 million EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 4.31 billion EGP, and shareholders' equity about 3 billion EGP.
- Operating cash flow for Q2 2024 was positive at 305 million EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit171 million197 million−13.3%
Gross profit326 million222 million+46.6%
Total assets4.31 billion3.72 billion+16.0%
Total liabilities1.31 billion975 million+34.6%
Shareholders' equity3 billion2.75 billion+9.4%
Total liabilities and equity4.31 billion3.72 billion+16.0%
Operating cash flow305 million150 million+103.0%
Investing cash flow-564 million-718 million+21.4%
Financing cash flow-659 million-491 million−34.3%
Net change in cash-918 million-1.06 billion+13.3%
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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