Al Moasher sees profit hike

Updated 3/21/2021 10:07:00 AM

ArabFinance: Al Moasher for Programming and Information Dissemination’s (AMPI) net profit jumped to EGP 1.63 million in 2020 from EGP 418,566 in 2019, according to the company’s filing to the Egyptian Exchange on March 21st.

On a yearly basis, the company reported a 42% increase in its net profit during the first half of 2020, registering EGP 205,289.  

Established in 2003, Al Moasher operates within the software and services sector focusing on application software.