15th Jun 2020 09:19
Summary of the Unaudited Standalone Financial Results for the Period Ended
31 December 2019
Currency: EGP millions
Financial Indicators:
Unaudited Standalone Income Statement for the period ended 31 December 2019
31/12/2019  | 31/12/2018  | 
 % Change  | |
Net Sales  | 7,291  | 7,854  | -7%  | 
Cost of Goods Sold  | -7,196  | -7,576  | -5%  | 
SG&A  | -409  | -433  | -6%  | 
Net Finance Expense and FX Difference  | -939  | -1,009  | -7%  | 
Income from Sale of Investment  | 3,869 
  | --  | -  | 
Dividend Income  | 146  | 1,313  | |
Net Profit Before Tax  | 2,762  | 149  | |
Income and Deferred Tax  | -276  | -86  | 221%  | 
Net Profit After Taxes  | 2,486  | 63  | 
Unaudited Standalone Balance Sheet for 31 December 2019
31/12/2019  | 31/12/2018  | 
 % Change  | |
Assets  | 16,649  | 14,324  | 16%  | 
Liabilities  | 8,299  | 8,461  | -2%  | 
Equity  | 8,350  | 5,863  | 42%  | 
Unaudited Standalone Statement of Cash Flows for the period ended 31 December 2019
31/12/2019  | 31/12/2018  | 
 % Change  | |
Cash Flows from Operating Activities  | -365  | -1,484  | -75%  | 
Cash Flows from Investing Activities  | 403  | 895  | -55%  | 
Cash Flows from Finance Activities  | -12  | 540  | -102%  | 
Cash at the Beginning of the Period  | 227  | 276  | -18%  | 
Cash at the End of the Period  | 253  | 227  | 11%  | 
Summary of the Unaudited Consolidated Financial Results for the Period Ended
31 December 2019
Currency: EGP millions
Financial Indicators:
Unaudited Consolidated Income Statement for the period ended 31 December 2019
31/12/2019  | 31/12/2018  | 
 % Change  | |
Net Sales  | 45,714  | 49,162  | -7%  | 
Cost of Goods Sold  | -46,689  | -43,584  | 7%  | 
SG&A  | -2,346  | -1,705  | 38%  | 
Net Finance Expense and FX Difference  | -4,486  | -3,795  | 18%  | 
Net Profit Before Tax  | -7,807  | 78  | |
Income and Deferred Tax  | -102  | -1,102  | |
Net Profit After Taxes Before Minority  | -7,909  | -1,024  | 
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