REG - EZZ Steel Company - Summary of Unaudited Financial Results Q1 2019

Ezz Steel Co SAEAnnouncement

03/07/2019 17:15

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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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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