Al Moasher for Programming’s profits jump 85.5% YoY in Q1
Updated 5/31/2022 11:43:00 PM
Arab Finance: Al Moasher for Programming and Information Dissemination (AMPI) recorded an 85.5% year-on-year (YoY) growth in net profit after tax for the first quarter (Q1) of 2022, according to the financial statement filed to the Egyptian Exchange (EGX) on May 31st.
Net profit after tax amounted to EGP 557,664 in Q1 2022, compared to EGP 300,615 in Q1 2021.
The company generated operating revenues of EGP 2.62 million in Q1 2022, up from EGP 1.87 million in Q1 2021.
Established in 2003, Al Moasher operates within the software and services sector focusing on application software.
