Cairo-Mubasher: Egyptian Media Production City Co. (EMPC) targets an EGP 43 million surplus in 2016, the company said in a bourse statement.
The company added that, due to the current conditions, 2016 budget focused on saving resources and offering the necessary liquidity to fulfill financial obligations.
EMPC plans to develop its open-air shooting areas and lower rents as well as prices of relevant services to create competitive opportunities with peers.
The company posted an 89% leap in its net earnings for the first nine months of 2015 to EGP 1.99 million, compared with EGP 18.5 million a year earlier.
