Cairo – Mubasher: Egyptian Media Production City Co reported an 8.6% year-on-year profit decline during the first half of 2019.
Net profits stood at EGP 48.13 million in the six-month period ended 30 June, compared to EGP 52.6 million in the year-ago period, according to a statement to the Egyptian Exchange (EGX) on Sunday.
Meanwhile, sales grew to EGP 209.8 million in H1-19 from EGP 194.7 million in H1-18.
During the first quarter of 2019, Egyptian Media Production logged a net profit of EGP 27.24 million, rising by 17.09% year-on-year from EGP 23.27 million.
