Below are the financial statements of Elsewedy Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of EGP | 2024 | 2023 |
|---|---|---|
| Revenues | 231.98a | 152.19a |
| Cost of revenue | -188.08a | -123.11a |
| Gross profit | 43.9a | 29.08a |
| Other income | 3.94a | 1.38a |
| Selling and distribution expenses | -4.59a | -2.67a |
| General and administrative expenses | -7.58a | -5.98a |
| Net impairment loss on trade and other receivables | -1.31a | -0.5a |
| Other expenses | -5.02a | -3.56a |
| Operating profit | 29.34a | 17.74a |
| Finance income | 4.25a | 2.82a |
| Finance costs | -7.76a | -4.94a |
| Net finance costs | -3.52a | -2.12a |
| Group's share of profit of equity-accounted investees, net of tax | 1.13a | 0.6a |
| Profit for the year before tax | 26.96a | 16.22a |
| Income tax expense | -8.12a | -5.08a |
| Profit for the year | 18.84a | 11.14a |
| Profit attributable to | — | — |
| Owners of the parent company | 17.46a | 10.12a |
| Non-controlling interests | 1.38a | 1.02a |
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