Earnings Report /
EgyptMNHD: 1Q23 | A Steady Start to the Year
MNHD achieved 1Q23 sales of EGP1.8 billion, up 12.8% y/y and down 51.5% q/q.
Revenue in 1Q23 reached EGP1.0 billion, up 24.7% y/y and down 53.5% q/q, a reflection of sales performance.
Net profit in 1Q23 grew 152.9% y/y and 50.4% q/q to EGP304.4 million.
Mayar El Ashry
Vice President @ Al Ahly Pharos Securities Brokerage
23 May 2023
Published byAl Ahly Pharos Securities Brokerage
