Cairo – Mubasher: The Egyptian Ministry of Military Production announced that its affiliated companies and units generated a 13.4% year-on-year increase in its revenues during fiscal year 2018/2019.
The ministry’s companies and units achieved revenues of EGP 13.18 billion in the twelve-month period ended 30 June, compared to EGP 11.62 billion a year earlier, according to a statement on Wednesday.
Performance indicators showed the achievement of 103% of FY18/19 target.
The minister of military production Mohamed Saeed El-Assar headed the general assemblies of companies and units, affiliated to the ministry, to review their final accounts for the year.
