Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade increased to EGP 375.46 million in 2021, compared to EGP 370.49 million in the earlier year, including minority shareholders’ rights.
The company generated revenues of EGP 9 billion in 2021, up from EGP 8.68 billion in 2020, according to a bourse filing on Wednesday.
As for the standalone businesses, the company’s net profits rose to EGP 375.36 million last year from EGP 356.71 million in 2020.
It is noteworthy to mention that during the first nine months (9M) of 2021, MM Group’s consolidated net profits increased to EGP 334.57 million from EGP 299.78 million in the year-ago period.