Elsaeed Contracting results, Fiscal year 2023
Net profit, assets, equity and cash flow for Fiscal year 2023, against the same period a year earlier, from the published financial statements.
Net profit119 millionEGP · +14.5% vs the same period a year earlier
Total assets3.63 billionEGP · +22.5% vs the same period a year earlier
Shareholders' equity1.22 billionEGP · +8.2% vs the same period a year earlier
Operating cash flow-116 millionEGP · +60.0% vs the same period a year earlier
In short
- Elsaeed Contracting's net profit for Fiscal year 2023 was about 119 million EGP, up +14.5% from 104 million EGP in Fiscal year 2022.
- Total assets at the end of Fiscal year 2023 were about 3.63 billion EGP, and shareholders' equity about 1.22 billion EGP.
- Operating cash flow for Fiscal year 2023 was negative at 116 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2022Change
Net profit119 million104 million+14.5%
Gross profit134 million309 million−56.6%
Total assets3.63 billion2.96 billion+22.5%
Total liabilities2.42 billion1.84 billion+31.2%
Shareholders' equity1.22 billion1.12 billion+8.2%
Total liabilities and equity3.63 billion2.96 billion+22.5%
Operating cash flow-116 million-291 million+60.0%
Investing cash flow-19.68 million-33.92 million+42.0%
Financing cash flow240 million452 million−46.8%
Net change in cash104 million127 million−17.7%
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.
Elsaeed Contracting's Q3 2026 results, the day they are published
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