Arab Finance: Egyptian Media Production City (EMPC) posted a 66.27% year-on-year (YoY) growth in consolidated net profit for the first nine months of 2022, recording EGP 158.499 million, according to the financial indicators filed to the Egyptian Exchange (EGX) on November 10th.

Meanwhile, the company’s net profit after tax rose by 39.74% to EGP 144.877 million in January-September from EGP 103.676 million in the year-ago period.

Standalone revenue grew to EGP 442.253 million in the nine months ended September 30th from EGP 399.832 million in the same period last year.

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.