Nile Cotton Ginning results, Q1 2020
Net profit, assets, equity and cash flow for Q1 2020, against the same period a year earlier, from the published financial statements. fiscal year starts in July.
Net profit54.49 millionEGP · +594.6% vs the same period a year earlier
Total assets493 millionEGP · −11.4% vs the same period a year earlier
Shareholders' equity444 millionEGP · +14.0% vs the same period a year earlier
Operating cash flow11.94 millionEGP · +446.9% vs the same period a year earlier
In short
- Nile Cotton Ginning's net profit for Q1 2020 was about 54.49 million EGP, up +594.6% from 7.84 million EGP in Q1 2019.
- Total assets at the end of Q1 2020 were about 493 million EGP, and shareholders' equity about 444 million EGP.
- Operating cash flow for Q1 2020 was positive at 11.94 million EGP.
Key lines against the same period a year earlier
This periodQ1 2019Change
Net profit54.49 million7.84 million+594.6%
Gross profit5.25 million8.45 million−37.8%
Total assets493 million556 million−11.4%
Total liabilities48.2 million166 million−71.0%
Shareholders' equity444 million390 million+14.0%
Total liabilities and equity493 million556 million−11.4%
Operating cash flow11.94 million-3.44 million+446.9%
Investing cash flow15.29 million327 thousand+4573.9%
Financing cash flow-45.24 million-3.26 million−1287.2%
Net change in cash-18 million-6.38 million−182.4%
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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
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