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For the three months ended 31 March 2022, Misr Kuwait Investment and Tradng Co SAE revenues increased 5% to EGP5.4M. Net loss increased 73% to EGP1.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Financial Expense - Total increase from EGP42K to EGP126K (expense), Depreciation increase of 26% to EGP211K (expense).
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 5.4 | 8.54 | 5.48 | 10.49 |
Gross Profit | -0.27 | -0.84 | -0.89 | -0.49 |
Operating Income | -0.91 | -1.08 | -1.62 | -2.21 |
Net Income | -1.1 | -1.1 | -1.63 | -2.23 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 19.36 | 19.01 | 19.49 | 20.61 |
Total Liabilities | 15.92 | 14.47 | 13.85 | 12.94 |
Total Equity | 3.44 | 4.54 | 5.64 | 7.67 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 0.39 | -2.08 | -2.36 | -0.46 |
Cash From Investing Activities | 0 | -0.3 | -0.22 | -0.22 |
Cash From Financing Activities | -0.43 | 2.31 | 2.59 | 0.69 |
Net Change in Cash | -0.04 | -0.08 | 0.02 | 0.02 |
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