Eastern Company · EGX:EAST
Eastern — Q3 FY2020/21 Earnings Presentation
8 slides from Eastern's earnings presentation, Mar 31, 2021
Slide 1: Financial results Q3
Financial results 31/3/2021 Q3 1
Slide 2: Summary of Q3 financial results
Eastern Company Summary of Q3 financial results Q3 FY20|21 Results Gross Sales (including VAT) Net revenue Gross profit (+2% VS. target ) ( +14% y.o.y) 3,982 Million 1,698 Million Q3 19|20 VS Q3 20|21 UP 8% (y.o.y) & same UP 15% (y.o.y) & UP as the budget 9% VS. The budget 14,076 16,076 Operating pr
Slide 3: 9 months to March 2021 results
9 month /Mar.2021 +7% (y.o.y) ,+0.5% VS target +11% (y.o.y) ,+8% VS target +17% (y.o.y) ,+11% VS target Gross Revenues 12,147 Million Profit 5,140 Million EBIT 4,495 Million Gross Sales (+1,4% VS Target) (+13,5% yoy) 9 m19|20 VS 9 m20|21 42,729 48,503 EGP Million EGP Million Net Profit (+20% VS. Tar
Slide 4: Pre-tax profit 9 months basis
Pre- Tax profit 9 months basis Change in Million
Slide 5: YTD, Monthly, Mar.2021
YTD , Monthly , Mar.2021 YoY+14% YoY+29% YoY+55% VS. Target+1% Gross VS. Target+21% VS. Target+33% Revenues EBIT 1,388 Million Profit 609 Million 551 Million Gross Sales (+6% VS Target) (+16% yoy) 9 m19|20 VS 9 m20|21 4,893 5,695 EGP Million EGP Million Jul.20 Aug.20 Sep.20 Oct.20 Nov.20 Dec.20 Jan.
Slide 6: YTD, Monthly, Mar.2021 margins and expenses
YTD , Monthly , Mar.2021 44% 40% 37% Gross profit margin EBIT Margin Net Profit Margin Jul.20 Aug.20 Sep.20 Oct.20 Nov.20 Dec.20 Jan.21 Feb. 21 Mar. 21 Revenues 1 207 534 1 388 655 1 358 204 1 368 957 1 437 282 1 405 032 1 301 048 1 292 274 1 388 552 COGS 763189 780522 799683 777206 827877 775435 75
Slide 7: Production Volumes
Production Volumes Eastern reported high record production Vol.in one month Prod. Vol VS. Target Production Vol.(000) 7 Billion Cig, in Mar.2021 -8.65% 2.21% 5.87% 15% 19% 1% %45 %15 VS. Monthly %12 Mar.2020 VS. budget growth Q1 Q2 Q3 Q1 Q2 Q3 20/21 16,145,530 18,295,020 18,469,840 20/21 16,145,530
Slide 8: Thanks
Thanks Mohamed Abd Elrahman Ahmed, Investors Relation Manager-Eastern Company 012-22208693 m.abdalrahman@easternegypt.com www.easternegypt.com