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EMPC achieves EGP 105M profits YoY

EMPC achieves EGP 105M profits YoY

ArabFinance:  Egyptian Media Production City (EMPC(MPRC) announced, in a statement sent to EGX, the Board of Directors held on Feb. 22.

The company's board approved financial results for the financial period ending Dec. 31, 2019, which revealed posting tax-deducted profits of EGP 105,130,359, compared to net profits of EGP 93,399,652 a year earlier, with a 12.56% profit increase.

The board ratified purchasing the entire Banque Misr's stake, representing 94500 shares, in Arabian Hotels Media Production City Co. (AHMP) at EGP 115 per share. 

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