Arab Finance:  Egyptian Media Production City (EMPC) (MPRC) reported a 76.5% year-on-year (YoY) growth in its standalone net profits for the first nine months of 2023, according to a disclosure on November 15^th.

Net profits reached EGP 255.699 million in the nine-month period, compared to EGP 144.876 million achieved in the corresponding period a year ago.

Operating revenues registered a total of EGP 537.730 million, up from EGP 422.897 million.

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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