November 11, 2022

EMPC’s profits rise 40% YoY in 9 months


Arab Finance: Egyptian Media Production City (EMPC) posted a 39.74% year-on-year (YoY) increase in net profit during the first nine months of 2022, according to the financial indicators filed to the Egyptian Exchange (EGX) on November 10th.

The company’s net profit after tax rose to EGP 144.877 million in January-September from EGP 103.676 million in the year-ago period.

Revenue grew to EGP 442.253 million in the nine months ended September 30th from EGP 399.832 million in the same period last year.

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.

arabfinance


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