MM Group profits for FY16 rise 59%

Cairo – Mubasher: MM Group for Industry and International Trade posted on Thursday a net profit of EGP 353.15 million for fiscal year 2016, 58.8% up from EGP 222.34 million for FY15.

Foreign exchange earnings reached EGP 69 million in FY16, according to a bourse statement.

The company’s board recommended freezing cash dividends for FY16.

Mubasher Contribution Time: 13-Apr-2017 09:18 (GMT)
Mubasher Last Update Time: 13-Apr-2017 09:19 (GMT)