By: Ahmed Allam
Cairo – Mubasher: MM Group for Industry and International Trade’s chairman Khaled Mahmoud said Tuesday that the company plans to invest about EGP 1 billion during 2017.
On the sidelines of a press conference, Mahmoud said that his company targets sales worth EGP 7 billion and a net profit of EGP 400 million in fiscal year 2017.
Total sales amounted to EGP 5 billion in 2016, while profits reached EGP 353 million, he added.
Translated by: Elwy el-Manzalawy
