Summary of Unaudited Financial Results Q1 2019

By

Regulatory News | 03 Jul, 2019

Updated : 17:14

RNS Number : 4191E
EZZ Steel Company - S.A.E.
03 July 2019
 

Summary of the Unaudited Financial Results for the Period Ended 31 March 2019

Currency: EGP millions

 

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http://www.rns-pdf.londonstockexchange.com/rns/4191E_1-2019-7-3.pdf

 

Financial Indicators:

Unaudited Income Statement for the period ended 31 March 2019

 

31/3/2019

31/3/2018

Change

٪

Net Sales

             2,003

                 1,934

4%

Finance Expense

              (270)

                   (266)

2%

Net Profit Before Taxes

              (341)

                   (192)

78%

Net Profit After Taxes

              (369)

                   (187)

97%

 

Unaudited Balance Sheet for 31 March 2019

 

31/3/2019

31/3/2018

Change

٪

Working Capital

           (2,889)

                (2,453)

18%

Equity

             5,502

                  5,871

-6%

Paid in Capital

             2,716

                  2,716

0%

Reserves

             2,855

                  2,855

0%

Retained Earnings

              (108)

                     260

-142%

 

Unaudited Statement of Cash Flows for the period ended 31 March 2019

 

31/3/2019

31/3/2018

Change

٪

Cash Flows from Operating Activities

               (71)

             104

-168%

Cash Flows from Investing Activities

                   4

             111

-96%

Cash Flows from Finance Activities

             (231)

             (71)

225%

 

Investor Relations Manager

Ahmed Nabil

+20 2 2793 188


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