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EMPC’s consolidated profit hikes 307.5% in 9 months

EMPC’s consolidated profit hikes 307.5% in 9 months

ArabFinance: Egyptian Media Production City (EMPC) reported a consolidated net profit after tax of EGP 95.32 million in the first nine months of 2021, surging by 307.57% from EGP 23.38 million in the year-ago period, according to the company’s financial indicators filed to the Egyptian Exchange (EGX).

Revenue amounted to EGP 401.74 million in the January-September period of 2021, up by 25.61% year-on-year from EGP 319.82 million.

Meanwhile, standalone net profit jumped by 89.64% to EGP 103.67 million in the nine-month period ended September 30th, 2021, from EGP 54.67 million in the same period of 2020.

EMPC is an Egypt-based company engaged in the media sector. The company provides and leases television, cinema, and media production tools and complementary services to others, as well as produces cultural, drama, and kids shows.

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04 Oct 2021
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