Summary Financial Results for year ended 31Dec2019

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%