1st Quarter Results

MNHD Summary Financial Results for Quarterly Period Ended 31 March 2020

Separate Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Statement of Income for Period from 1 Jan 2020 to 31 Mar 2020

Quarter Ended

Quarter Ended

Change

31-Mar-20

31-Mar-19

%

Revenues

796,535,993

570,370,059

39.65%

Gross Profit

571,065,698

466,505,267

22.41%

Gross Profit Margin

71.69%

81.79%

-12.34%

Net Profit Before Tax

481,311,339

428,349,115

12.36%

Net Profit After Tax

371,619,649

332,129,687

11.89%

Basic EPS

0.24

0.21

14.29%

Statement of Financial Position

31-Mar-20

31-Dec-19

Change %

Net Working Capital

5,560,068,543

6,322,845,408

-12.06%

Total Shareholders' Equity

3,776,026,544

4,164,937,208

-9.34%

Paid-in Capital

1,440,000,000

1,440,000,000

0.00%

Statutory Reserve

270,705,792

223,961,329

20.87%

Retained Earnings

1,700,865,973

1,566,086,623

8.61%

Statement of Cash Flows

1st Quarter Ended

1st Quarter Ended

Change

31-Mar-20

31-Mar-19

%

Cash Flows from Operations

-302,475,591

265,435,798

-213.95%

Cash flows used in Investment

-7,389,570

-2,152,919

234.23%

Cash Flows (used in)/from Finance

50,106,510

-64,569,160

177.6%

MNHD Summary Financial Results for Quarterly Period Ended 31 March 2020

Consolidated Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Consolidated Statement of Income for Period from 1 Jan 2020 to 31 Mar 2020

Quarter Ended

Quarter Ended

Change

31-March-20

31-Mar-19

%

Revenues

914,882,905

634,216,181

44.25%

Gross Profit

582,468,479

472,348,408

23.31%

Gross Profit Margin

63.67%

74.48%

-14.52%

Net Profit Before Tax

491,000,485

430,746,570

13.99%

Net Profit After Tax

380,094,097

332,301,801

14.38%

Basic EPS

0.24

0.21

14.29%

Statement of Financial Position

31-March-20

31-Dec-19

Change %

Net Working Capital

5,805,297,200

6,573,651,290

-11.69%

Total Shareholders' Equity

3,961,465,278

4,355,167,956

-9.04%

Paid-in Capital

1,440,000,000

1,440,000,000

0.00%

Statutory Reserve

270,705,792

223,961,329

20.87%

Retained Earnings

1,773,823,522

1,599,997,287

10.86%

Profit for the Period excluding minority Interest

378,177,851

980,895,727

-61.45%

Treasury Shares

-7,164,870

Statement of Cash Flows

1st Quarter Ended

1st Quarter Ended

Change

31-Mar-20

31-Mar-19

%

Cash Flows from Operations

-276,929,657

314,563,164

-188.04%

Cash flows used in Investment

-7,397,342

-2,250,892

228.64%

Cash Flows (used in)/from Finance

43,799,634

-70,491,593

162.13%