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For the six months ended 30 June 2020, MCUBS MidCityInvestment Corp revenues decreased 12% to Y9.06B. Netincome decreased 27% to Y3.66B. Revenues reflect a decreasein demand for the Company's products and services due tounfavorable market conditions. Net income also reflectsDepreciation/Amortization increase of 4% to Y1.27B(expense), Interest Expenses increase of 4% to Y442.4M(expense).
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 9061.76 | 8569.22 | 10279.44 | 10798.65 |
Gross Profit | 5596.1 | 5225.77 | 6907.03 | 6698.77 |
Operating Income | 4276.36 | 3983.51 | 5639.38 | 5327.98 |
Net Income | 3657.08 | 3388.76 | 4994.32 | 4620.73 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 301502.14 | 301075.98 | 274736.1 | 280790.34 |
Total Liabilities | 145305.48 | 145048.44 | 132665.63 | 139532.43 |
Total Equity | 156196.66 | 156027.54 | 142070.47 | 141257.91 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 6070.58 | 20119.48 | 16534.29 | 24356.68 |
Cash From Investing Activities | -1081.79 | -32424.5 | -4532.15 | -48122.07 |
Cash From Financing Activities | -3519.03 | 10463.76 | -11080.29 | 23929.03 |
Net Change in Cash | 1469.76 | -1841.26 | 921.85 | 163.63 |
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