3rd Quarter Results

MNHD Summary financial results for the period ended 30 September 2019

Separate Financial Statements

Financial Indicators

Statement of Income for the period from 1 January 2019 to 30 September 2019

From 1 January 2019 to 30 September 2019

From 1 January 2018 to 30 September 2018

Change

%

Revenues

1,184,170,537

1,725,348,975

-31.37%

Gross Profit

967,234,961

1,286,724,793

-24.83%

Gross Profit Margin

81.68%

74.58%

9.52%

Net Profit Before Tax

789,485,702

1,046,105,992

-24.53%

Net Profit After Tax

613,288,228

816,746,282

-24.91%

Basic EPS

0.37

0.51

-27.45%

Statement of Financial Position at 30 September 2019

30 September 2019

31 December 2018

Change %

Net Working Capital

5,492,868,277

4,011,945,398

36.91%

Total Shareholders' Equity

3,843,336,180

3,334,777,952

15.25%

Paid-in Capital

1,440,000,000

1,200,000,000

20 %

Statutory Reserve

223,961,329

170,478,648

31.37%

Retained Earnings

1,566,086,623

894,645,685

75.05%

Statement of Cash Flows for the period from 1 January 2019 to 30 September 2019

From 1 January 2019 to 30 September 2019

From 1 January 2018 to 30 September 2018

Change

%

Cash from operating activities

16,238,468

286,720,041

-94.34%

Cash used in investing activities

(5,417,488)

(6,212,631)

12.8%

Cash from financing activities

311,542,743

17,846,986

1645.63%

MNHD Summary Financial Results for the period ended 30 September 2019

Consolidated Financial Statements

Financial Indicators

Amounts in Egyptian Pound

Consolidated Statement of Income for the Period from 1 January 2019 to 30 September 2019

From 1 January 2019 to 30 September 2019

From 1 January 2018 to 30 September 2018

Change

%

Revenues

1,439,022,710

2,059,866,185

-30.14%

Gross Profit

992,214,152

1,384,170,613

-28.32%

Gross Profit Margin

68.95%

67.2%

2.61%

Net Profit Before Tax

810,637,332

1,118,694,781

-27.54%

Net Profit After Tax

630,985,047

869,073,362

-27.4%

Net Profit After Minority Interest

625,562,822

840,303,225

-25.56%

Basic EPS

0.37

0.53

-30.19%

Consolidated Statement of Financial Position at 30 September 2019

30 September 2019

31 December 2018

Change %

Net Working Capital

5,684,631,194

4,194,055,726

35.54%

Total Shareholders' Equity

3,983,237,384

3,469,440,127

14.81%

Paid-in Capital

1,440,000,000

1,200,000,000

20%

Statutory Reserve

223,961,329

170,478,648

31.37%

Retained Earnings

1,598,077,281

918,233,758

74.04%

Consolidated Statement of Cash Flows for the Period from 1 January 2019 to 30 September 2019

From 1 January 2019 to 30 September 2019

From 1 January 2018 to 30 September 2018

Change

%

Cash from operating activities

43,417,895

310,028,256

-86%

Cash used in investing activities

(6,730,093)

(14,455,818)

-53.44%

Cash from financing activities

305,620,310

17,669,105

1629.69%