Cairo – Mubasher: The Egyptian Media Production City Co (EMPC) reported a 103.9 year-on-year (YoY) surge in the consolidated net profits to EGP 137.22 million in 2021, compared to EGP 67.3 million.

The company generated revenues of EGP 552.38 million in 2021, up 22.63% from EGP 450.46 million in 2020, according to a bourse filing on Sunday.

As for the standalone businesses, the company's net profits rose by 33.22% to EGP 137.65 million last year from EGP 103.33 million in 2020.

It is noteworthy to mention that during the first nine months (9M) of 2021, EMPC reported a 307% YoY leap in its consolidated net profits to EGP 95.32 million, compared to EGP 23.38 million.

Source: Mubasher

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