Elsewedy Electric 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 profit3.98 billionEGP · +37.0% vs the same period a year earlier
Total assets201 billionEGP · +50.7% vs the same period a year earlier
Shareholders' equity47.54 billionEGP · +43.7% vs the same period a year earlier
Operating cash flow-3.54 billionEGP · +22.4% vs the same period a year earlier
In short
- Elsewedy Electric's net profit for Q1 2024 was about 3.98 billion EGP, up +37.0% from 2.9 billion EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 201 billion EGP, and shareholders' equity about 47.54 billion EGP.
- Operating cash flow for Q1 2024 was negative at 3.54 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit3.98 billion2.9 billion+37.0%
Gross profit10.32 billion6.62 billion+55.8%
Total assets201 billion134 billion+50.7%
Total liabilities154 billion100 billion+53.0%
Shareholders' equity47.54 billion33.09 billion+43.7%
Total liabilities and equity201 billion134 billion+50.7%
Operating cash flow-3.54 billion-4.56 billion+22.4%
Investing cash flow-2.34 billion-546 million−329.1%
Financing cash flow11.74 billion3.24 billion+262.5%
Net change in cash5.85 billion-1.87 billion+412.4%
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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