June 13, 2021

M.B Engineering's standalone profit drops to EGP 15,010

ArabFinance: M.B Engineering posted a standalone net profit of EGP 15,010 in quarter one (Q1) 2021, according to the company’s unaudited financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) decline of 57% when compared to EGP 34,946 in Q1 2020.

Earlier, the company announced that it would acquire a company with a 12% market share of M.B's field.

Established in 1990 and listed in 2014, M.B Engineering is a public company, which operates within the capital goods sector and focuses on construction and engineering.


Categories : finance & economy

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