Egyptian Media Production profits hike 91% in H1

Cairo – Mubasher: The financial indicators of Egyptian Media Production City Co showed a 91.12% year-on-year surge in net profit for the first half of 2018.

The company generated EGP 52.66 million in profits for the six-month period ended June, versus EGP 27.55 million in the prior-year period, according to a filing to the Egyptian Exchange (EGX) on Sunday.

Revenues rose by 1.38% to EGP 194.7 million at the end of June, compared to EGP192.09 million in H1-17.

Egyptian Media Production previously posted a net profit of EGP 23.2 million for the three-month period ended March, versus EGP 14.7 million in the year-ago period.

Mubasher Contribution Time: 12-Aug-2018 10:34 (GMT)
Mubasher Last Update Time: 12-Aug-2018 10:34 (GMT)

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