Madinet Nasr S Regulatory News (MNHD)

MNHD Summary Financial Results for year ended 31 December 2019

Separate Audited Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Separate Statement of Income for Period from 1 Jan 2019 to 31 Dec 2019

Year Ended

Year Ended

Change

31-Dec-19

31-Dec-18

%

Revenues

1,790,225,918

2,380,532,841

-24.8%

Gross Profit

1,492,190,727

1,686,435,891

-11.52%

Gross Profit Margin

83.35%

70.84%

17.66%

Net Profit Before Tax

1,216,149,344

1,368,625,178

-11.14%

Net Profit After Tax

934,889,256

1,069,653,619

-12.6%

Basic EPS

0.58

0.67

-13.43%

Separate Statement of Financial Position as of 31 Dec 2019

31-Dec-19

31-Dec-18

Change %

Net Working Capital

6,322,845,,408

4,011,945,398

57.6%

Total Shareholders' Equity

4,164,,937,208

3,334,777,952

24.89%

Paid-in Capital

1,440,000,000

1,200,000,000

20.00%

Statutory Reserve

223,961,329

170,478,648

31.37%

Retained Earnings

1,566,086,623

894,645,685

75.05%

Net Profit for the year

934,889,256

1,069,653,619

-12.6%

Separate Statement of Cash Flows for Period from 1 Jan 2019 to 31 Dec 2019

Year Ended

Year Ended

Change

31-Dec-19

31-Dec-18

%

Cash Flows From Operations

34,420,974

332,839,749

(89.6%)

Cash flows Used in Investment

(32,563,329)

(93,850,092)

65.3%

Cash Flows From Finance

692,133,318

46,293,817

1395%

MNHD Summary Financial Results for year Ended 31 December 2019

Consolidated Audited Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Consolidated Statement of Income for Period from 1 Jan 2019 to 31 Dec 2019

Year ended

Year ended

Change

31-Dec-19

31-Dec-18

%

Revenues

2,200,628,226

2,782,727,509

-20.92%

Gross Profit

1,560,257,050

1,790,378,992

-12.85

Gross Profit Margin

70.90%

64.34%

10.20%

Net Profit Before Tax

1,295,089,918

1,428,262,936

-9.32%

Net Profit After Tax

1,000,995,614

1,110,376,648

-9.85%

Basic EPS

0.62

0.68

-8.82%

Consolidated Statement of Financial Position as of 31 Dec 2019

31-Dec-19

31-Dec-18

Change %

Net Working Capital

6,573,651,290

4,194,055,726

56.74%

Total Shareholders' Equity

4,355,167,,956

3,469,440,127

25.53%

Paid-in Capital

1,440,000,000

1,200,000,000

20.00%

Statutory Reserve

223,961,329

170,478,648

31.37%

Retained Earnings

1,599,997,287

918,233,758

74.25%

Consolidated Statement of Cash Flows for Period from 1 Jan 2019 to 31 Dec 2019

Year Ended

Year Ended

Change

31-Dec-19

31-Dec-18

%

Cash Flows From Operations

39,781,879

271,856,658

(85.4%)

Cash Flows Used in Investment

(20,924,733)

(320,552)

(98.47%)

Cash Flows From Finance

686,210,885

46,115,935

1388%