Arab Finance: Egyptian Media Production City (EMPC) has reported a 77.83% year-on-year (YoY) surge in consolidated net profit during the first half (H1) of this year, recording EGP 473.598 million, compared to EGP 264.224 million, according to financial indicators filed to the Egyptian Exchange (EGX) on August 8^th.

The company’s consolidated revenue grew 14.89% YoY to EGP 506.796 million in the six-month period ended June 30th, compared to EGP 441.124 million during H1 2023.

EMPC’s standalone profits after tax soared 78.65% YoY to EGP 357.834 million during the January-June period of 2023, compared to EGP 200.299 million in the same period a year earlier.

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.

Ezz Steel moves to profits in H1 2024 Updated 9/11/2024 10:04:00 AM

Macro Group moves to loss in H1 2024 Updated 9/4/2024 11:12:00 AM

Arab Drug Company sees 24% YoY profit increase in FY2023/24 Updated 9/1/2024 10:53:00 AM

Rowad Tourism’s consolidated losses widen 240.2% YoY in H1 Updated 8/29/2024 9:37:00 AM

Aspire Capital’s consolidated profits drop 45.5% YoY in H1 Updated 8/29/2024 9:13:00 AM