MM Group for industry and International Trade (MTI), today announced its Standalone and Consolidated
results for the period ending 30 June 2022. The consolidated revenues in 1H22 decreased by 25.1% Y-o-Y
to reach EGP 3.6 billion compared to EGP 4.8 billion. And the standalone revenues in 1H22 decreased by
23.6% Y-o-Y to reach EGP 2.9 billion compared to EGP 3.9 billion.
Consolidated gross profit in 1H22 decreased by 22% Y-o-Y to reach EGP 420 million compared to EGP 539
million. And the standalone gross profit in 1H22 decreased by 24.3% Y-o-Y to reach EGP 347 million
compared to EGP 458 million.
Consolidated gross profit margin in 1H22 reached 11.61% compared to 11.14% in 1H21. And the
standalone gross profit margin in 1H22 reached 11.77% compared to 11.87% in 1H21.
Consolidated EBITDA in 1H22 decreased by 33.3% Y-o-Y to reach EGP 241 million compared to EGP 361
million. And the standalone EBITDA in 1H22 decreased by 33.9% Y-o-Y to reach EGP 210 million compared
to EGP 318 million.
Consolidated EBITDA margin in 1H22 reached 6.7% compared to 7.5% in 1H21. And the standalone EBITDA
margin in 1H22 reached 7.1% compared to 8.3% in 1H21.
Consolidated net profit in 1H22 decreased by 40.6% Y-o-Y to reach EGP 144 million compared to EGP 242
million. And the standalone net profit in 1H22 decreased by 34.4 % Y-o-Y to reach EGP 149 million
compared to EGP 228 million.
Consolidated net profit margin in 1H22 reached 4.0% compared to 5.0% in 1H21. And the standalone net
profit margin decreased in 1H22 to reach 5.1% compared to 5.9% in 1H21.