Elsewedy Electric results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit2.9 billionEGP · +281.8% vs the same period a year earlier
Total assets134 billionEGP · +71.4% vs the same period a year earlier
Shareholders' equity33.09 billionEGP · +54.3% vs the same period a year earlier
Operating cash flow-4.56 billionEGP · −225.2% vs the same period a year earlier
In short
- Elsewedy Electric's net profit for Q1 2023 was about 2.9 billion EGP, up +281.8% from 761 million EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 134 billion EGP, and shareholders' equity about 33.09 billion EGP.
- Operating cash flow for Q1 2023 was negative at 4.56 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit2.9 billion761 million+281.8%
Gross profit6.62 billion2.6 billion+154.6%
Total assets134 billion77.88 billion+71.4%
Total liabilities100 billion56.43 billion+78.0%
Shareholders' equity33.09 billion21.45 billion+54.3%
Total liabilities and equity134 billion77.88 billion+71.4%
Operating cash flow-4.56 billion-1.4 billion−225.2%
Investing cash flow-546 million-1.34 billion+59.4%
Financing cash flow3.24 billion1.25 billion+158.7%
Net change in cash-1.87 billion-1.5 billion−25.2%
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.
Elsewedy Electric's Q3 2026 results, the day they are published
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