MM Group for industry and International Trade (MTI), today announced its Standalone and Consolidated
results for the period ending 30 September 2022. The consolidated revenues in 9M22 decreased by 28.1%
Y-o-Y to reach EGP 5.1 billion compared to EGP 7.1 billion. And the standalone revenues in 9M22 decreased
by 25.4% Y-o-Y to reach EGP 4.2 billion compared to EGP 5.6 billion.
Consolidated gross profit in 9M22 decreased by 23.6% Y-o-Y to reach EGP 589 million compared to EGP
770 million. And the standalone gross profit in 9M22 decreased by 23.8% Y-o-Y to reach EGP 493 million
compared to EGP 646 million.
Consolidated gross profit margin in 9M22 increased to reach 11.57% compared to 10.88% in 9M21. And
the standalone gross profit margin in 9M22 also increased to reach 11.83% compared to 11.57% in 9M21.
Consolidated EBITDA in 9M22 decreased by 32.3% Y-o-Y to reach EGP 335 million compared to EGP 495
million. And the standalone EBITDA in 9M22 decreased by 31.4% Y-o-Y to reach EGP 292 million compared
to EGP 426 million.
Consolidated EBITDA margin in 9M22 reached 6.6% compared to 6.9% in 9M21. And the standalone
EBITDA margin in 9M22 reached 7.0% compared to 7.6% in 9M21.
Consolidated net profit in 9M22 decreased by 34.3% Y-o-Y to reach EGP 216 million compared to EGP 328
million. And the standalone net profit in 9M22 decreased by 30.5 % Y-o-Y to reach EGP 213 million
compared to EGP 305 million.
Consolidated net profit margin decreased in 9M22 reached 4.2% compared to 4.6% in 9M21. And the
standalone net profit margin decreased in 9M22 to reach 5.1% compared to 5.4% in 9M21.