Middle East Glass Manufacturing results, Fiscal year 2021
Net profit, assets, equity and cash flow for Fiscal year 2021, against the same period a year earlier, from the published financial statements.
Net profit175 millionEGP · +87.5% vs the same period a year earlier
Total assets3.53 billionEGP · +11.5% vs the same period a year earlier
Shareholders' equity783 millionEGP · +26.6% vs the same period a year earlier
Operating cash flow381 millionEGP · +414.5% vs the same period a year earlier
In short
- Middle East Glass Manufacturing's net profit for Fiscal year 2021 was about 175 million EGP, up +87.5% from 93.08 million EGP in Fiscal year 2020.
- Total assets at the end of Fiscal year 2021 were about 3.53 billion EGP, and shareholders' equity about 783 million EGP.
- Operating cash flow for Fiscal year 2021 was positive at 381 million EGP.
Key lines against the same period a year earlier
This periodFiscal year 2020Change
Net profit175 million93.08 million+87.5%
Gross profit634 million688 million−7.8%
Total assets3.53 billion3.17 billion+11.5%
Total liabilities2.75 billion2.55 billion+7.8%
Shareholders' equity783 million619 million+26.6%
Total liabilities and equity3.53 billion3.17 billion+11.5%
Operating cash flow381 million73.96 million+414.5%
Investing cash flow-351 million-255 million−37.9%
Financing cash flow34.39 million612 million−94.4%
Net change in cash63.73 million432 million−85.2%
Figures in EGP from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version.
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