Elsaeed Contracting 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 profit54.68 millionEGP · +52.4% vs the same period a year earlier
Total assets3.22 billionEGP · +37.7% vs the same period a year earlier
Shareholders' equity1.17 billionEGP · +9.4% vs the same period a year earlier
Operating cash flow-220 millionEGP · −10.2% vs the same period a year earlier
In short
- Elsaeed Contracting's net profit for Q1 2023 was about 54.68 million EGP, up +52.4% from 35.87 million EGP in Q1 2022.
- Total assets at the end of Q1 2023 were about 3.22 billion EGP, and shareholders' equity about 1.17 billion EGP.
- Operating cash flow for Q1 2023 was negative at 220 million EGP.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit54.68 million35.87 million+52.4%
Gross profit139 million66.94 million+107.3%
Total assets3.22 billion2.34 billion+37.7%
Total liabilities2.04 billion1.26 billion+61.7%
Shareholders' equity1.17 billion1.07 billion+9.4%
Total liabilities and equity3.22 billion2.34 billion+37.7%
Operating cash flow-220 million-200 million−10.2%
Investing cash flow-6.36 million-45.29 million+86.0%
Financing cash flow190 million259 million−26.6%
Net change in cash-36.48 million13.8 million−364.3%
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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