Half-year Report

MNHD Summary Financial Results for the period Ended 30 June 2021

Separate Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Statement of Income for the period from 1 January 2021 to 30 June 2021

1 January 2021 to

1 January 2020 to

Change

30-June-2021

30-June-2020

%

Revenues

890,535,520

1,090,521,973

-18%

Gross Profit

512,260,488

799,365,968

-36%

Gross Profit Margin

57.52%

73.30%

-22%

Net Profit Before Tax

298,595,353

614,122,707

-51%

Net Profit After Tax

233,707,948

473,853,033

-51%

Basic EPS

0.138

0.283

-51%

Statement of Financial Position as of 30 June 2021

30- June -21

31- December -20

Change %

Net Working Capital

8,673,789,617

8,533,626,845

2%

Paid-in Capital

1,497,600,000

1,440,000,000

4%

Statutory Reserve

321,640,687

270,705,792

19%

Retained Earnings

1,855,551,012

1,702,935,973

9%

Profit for the Period / Year

233,707,948

1,018,697,888

-77%

Treasury Shares

-

(20,767,480)

100%

Total Shareholders' Equity

3,908,499,647

4,411,572,173

-11%

Statement of Cash Flows for the period from 1 January 2021 to 30 June 2021

1 January 2021 to

1 January 2020 to

Change

30-June-2021

30-June-2020

%

Cash Flows from / (used in) Operations

(350,055,263)

(876,265,529)

60%

Cash flows used in Investment

(12,737,396)

(8,938,380)

-43%

Cash Flows (used in) / from Finance

(360,237,631)

451,535,162

-180%

MNHD Summary Financial Results for The period Ended 30 June 2021

Consolidated Financial Statements

Financial Indicators Amounts in Egyptian Pounds

Consolidated Statement of Income for the period from 1 January 2021 to 30 June 2021

1 January 2021 to

1 January 2020 to

Change

30-June-2021

30-June-2020

%

Revenues

954,597,068

1,314,288,039

-27%

Gross Profit

511,514,212

819,646,393

-38%

Gross Profit Margin

53.58%

62.36%

-14%

Net Profit Before Tax and non-controlling interest

288,990,849

626,703,659

-54%

Net Profit After tax and Non-Controlling Interest

228,606,943

481,944,396

-53%

Basic EPS

0.135

0.288

-53%

Statement of Financial Position as of 30 June 2021

30- June -21

31- December -20

Change %

Net Working Capital

8,847,502,697

8,718,722,886

1%

Total Shareholders' Equity

4,028,983,996

4,541,661,026

-11%

Paid-in Capital

1,497,600,000

1,440,000,000

4%

Statutory Reserve

321,640,687

270,705,792

19%

Retained Earnings

1,892,748,854

1,757,593,655

8%

Net Profit for Parent company shareholders

228,606,943

1,001,238,048

-77%

Treasury Shares

-

(20,767,480)

100%

Statement of Cash Flows for the period from 1 January 2021 to 30 June 2021

1 January 2021 to

1 January 2020 to

Change

30-June-2021

30-June-2020

%

Cash Flows from used in Operations

(356,361,983)

(869,668,100)

59%

Cash flows used in Investment

(12,743,424)

(8,956,822)

-42%

Cash Flows (used in) / from Finance

(355,734,132)

445,228,286

-180%