Elsewedy Electric 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.
Net profit17.46 billionEGP · +72.6% vs the same period a year earlier
Total assets250 billionEGP · +64.8% vs the same period a year earlier
Shareholders' equity59.53 billionEGP · +56.2% vs the same period a year earlier
Operating cash flow3.98 billionEGP · −22.4% vs the same period a year earlier
In short
- Elsewedy Electric's net profit for Q2 2024 was about 17.46 billion EGP, up +72.6% from 10.12 billion EGP in Q2 2023.
- Total assets at the end of Q2 2024 were about 250 billion EGP, and shareholders' equity about 59.53 billion EGP.
- Operating cash flow for Q2 2024 was positive at 3.98 billion EGP.
Key lines against the same period a year earlier
This periodQ2 2023Change
Net profit17.46 billion10.12 billion+72.6%
Gross profit45.92 billion31.2 billion+47.2%
Total assets250 billion151 billion+64.8%
Total liabilities190 billion113 billion+67.6%
Shareholders' equity59.53 billion38.11 billion+56.2%
Total liabilities and equity250 billion151 billion+64.8%
Operating cash flow3.98 billion5.13 billion−22.4%
Investing cash flow-8.06 billion-4.05 billion−99.3%
Financing cash flow11.91 billion4.75 billion+150.7%
Net change in cash7.82 billion5.83 billion+34.1%
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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