Half-year Report

MNHD Summary Financial Results for Half - Year Period Ended 30 June 2019

Separate Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Statement of Income for Period from 1 Jan 2019 to 30 June 2019

Half - Year Ended

Half - Year Ended

Change

30-June-19

30-June-18

%

Revenues

937,387,919

1,022,542,154

-8.33%

Gross Profit

722,763,322

919,418,365

-15.95%

Gross Profit Margin

82.44%

89.91%

-8.32%

Net Profit Before Tax

660,561,253

741,515,740

-10.92%

Net Profit After Tax

511,268,237

574,388,842

-10.99%

Basic EPS

0.32

0.37

-13.51%

Statement of Financial Position

30- June -19

31-Dec-18

Change %

Net Working Capital

4,765,817,893

4,011,945,398

18.79%

Total Shareholders' Equity

3,741,316,189

3,334,777,952

12.19%

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%

Statement of Cash Flows

Half - Year Ended

Half - Year Ended

Change

30-June-19

30-June-18

%

Cash Flows from Operations

-19,067,669

3,462,151

-650.75%

Cash flows used in Investment

-3,186,902

-5,012,729

36.42%

Cash Flows (used in)/from Finance

202,740,020

149,182,931

35.9%

MNHD Summary Financial Results for Half - Year Period Ended 30 June 2019

Consolidated Financial Statements

Financial Indicators

Amounts in Egyptian Pounds

Consolidated Statement of Income for Period from 1 Jan 2019 to 30 June 2019

Half - Year Ended

Half - Year Ended

Change

30-June-19

30- June-18

%

Revenues

1,088,739,322

1,266,976,651

-14.07%

Gross Profit

784,802,874

1,000,242,478

-21.54%

Gross Profit Margin

72.08%

78,95%

-8.69%

Net Profit Before Tax

667,806,617

795,960,849

-16.1%

Net Profit After Tax

515,686,103

611,728,733

-15.7%

Net Profit After Minority Interest

511,262,805

588,027,861

-13.05%

Basic EPS

0.32

0.38

-15.79%

Statement of Financial Position

30-June-19

31-Dec-18

Change %

Net Working Capital

4,934,707,287

4,194,055,726

17.66%

Total Shareholders' Equity

3,867,938,440

3,469,440,127

11.49%

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

1,598,077,281

918,233,758

74.04%

Statement of Cash Flows

Half - Year Ended

Half - Year Ended

Change

30-June-19

30-June-18

%

Cash Flows from Operations

2,792,073

25,127,980

-88.89%

Cash flows used in Investment

-4,414,598

-10,608,909

58.39%

Cash Flows (used in)/from Finance

196.817.587

149,005,050

32.09%