Cairo – Mubasher: Beltone Research has reportedly maintained the fair value (FV) of the stock of MM Group for Industry and International Trade at EGP 15.
The research company recommended building positions on the group’s stock, according to a report released on Wednesday.
MM Group reported an 18.8% year-on-year drop in its consolidated profits during the full-year 2018.
The company’s profits reached EGP 275.52 million last year, against EGP 339.34 million in 2017, including minority shareholders’ rights.
