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Raya Holding Company for Financial Investments (S.A.E) reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was EGP 9,674.66 million compared to EGP 7,964.74 million a year ago. Net income was EGP 323.48 million compared to EGP 144.3 million a year ago.For the six months, sales was EGP 20,088.26 million compared to EGP 14,511.42 million a year ago. Net income was EGP 654.43 million compared to EGP 287.28 million a year ago.
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Revenue | 12183.66 | 9674.66 | 10413.6 | 8637.66 |
Gross Profit | 2470.06 | 2176.85 | 2162.09 | 1916.49 |
Operating Income | 1090.12 | 903.78 | 929.59 | 711.19 |
Net Income | 455.85 | 323.48 | 330.95 | 48.41 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Assets | 36736.38 | 35258.37 | 32275.32 | 27148.95 |
Total Liabilities | 32482.13 | 31475.03 | 28760.14 | 24225.55 |
Total Equity | 4254.25 | 3783.34 | 3515.18 | 2923.4 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 885.6 | 822.49 | 211.72 | 1593.89 |
Cash From Investing Activities | -288.35 | -449.84 | -68.39 | -164.61 |
Cash From Financing Activities | -360.77 | -400.08 | -802.92 | -321.17 |
Net Change in Cash | 237.18 | -26.85 | -565.81 | 1122.56 |
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