Cairo – Mubasher: MM Group for Industry and International Trade announced that its board of directors decided to invest in 50% of a company operating in installment sales of cars.
The board also decided to open new branches to serve the company’s activities, according to a statement to the Egyptian Exchange (EGX) on Wednesday.
It is worth mentioning that during the first nine months of 2019, MM Group reported a net profit of EGP 370.07 million, compared to EGP 233.6 million in the prior-year period, including minority shareholders’ rights.