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United Housing & Development 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 profit12.31 millionEGP · +110.2% vs the same period a year earlier
Total assets1.74 billionEGP · +40.4% vs the same period a year earlier
Shareholders' equity681 millionEGP · −4.2% vs the same period a year earlier
Operating cash flow220 millionEGP · +1097.2% vs the same period a year earlier

In short

  • United Housing & Development's net profit for Q1 2024 was about 12.31 million EGP, up +110.2% from 5.86 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 1.74 billion EGP, and shareholders' equity about 681 million EGP.
  • Operating cash flow for Q1 2024 was positive at 220 million EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit12.31 million5.86 million+110.2%
Gross profit54.3 million30.46 million+78.3%
Total assets1.74 billion1.24 billion+40.4%
Total liabilities1.06 billion530 million+100.0%
Shareholders' equity681 million710 million−4.2%
Total liabilities and equity1.74 billion1.24 billion+40.4%
Operating cash flow220 million18.38 million+1097.2%
Investing cash flow8.34 million20.47 million−59.3%
Financing cash flow-91.76 million-46.44 million−97.6%
Net change in cash137 million-7.6 million+1897.7%

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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.

Official report (PDF)All of United Housing & Development's statements, five yearsAsk the AI analyst about UNIT

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