481.6 million pounds in profits from the Media Production City in 2023, an increase of 77% over the previous year
The (twenty-eighth) Ordinary General Assembly of the Egyptian Media Production City Company approved the financial statements for the fiscal year 2023, as well as the auditors’ report and the Central Auditing Organization’s report, which witnessed achieving a net profit of 481.6 million pounds compared to the net profit of 2022, which amounted to 272.4 million pounds, at a rate An increase of 77% over the previous year, and the share of net profits for the year amounted to 2.27 pounds compared to last year, which amounted to 1.29 pounds. The assembly approved the distribution of 50 piasters per share, and also approved the Board of Directors’ report for the fiscal year 2023.
This came during its meeting held today, chaired by Abdel Fattah Al-Jabali, Chairman of the Board of Directors, and in the presence of shareholders, representatives of the founders, and members of the Board of Directors.
