Sector News

International Agricultural Products stock is testing key psychological barrier – Analysis

16 February 02:40 PM International Agricultural Products stock is testing key psychological barrier – Analysis

Cairo – Mubasher: The stock of International Agricultural Products is moving in a secondary downward trend, after reaching a historical peak near the EGP 25.20 level in September 2025, according to Mubasher Trade Research. The price has recently …

Stock Evaluations

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1 December 2025 00:19 PM Egypt Duty Free Shops posts lower consolidated net profits at nearly EGP 88m in Q1-25/26

Cairo - Mubasher: The consolidated net profits after tax of Egypt Duty Free Shops reached EGP 87.67 million in the first quarter (Q1) of fiscal year (FY) 2025/2026, marking a year-on-year (YoY) plunge from EGP 107.74 million. Consolidated total …

Financial Results

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19 November 2025 09:27 AM MTI’s consolidated net profits increase to EGP 1bn in 9M-25

Cairo - Mubasher: MM Group for Industry and International Trade (MTI) generated higher consolidated net profits after tax at EGP 1.03 billion in the first nine months (9M) of 2025, compared with EGP 801.29 million in 9M-24 The earnings per share …

Financial Results

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17 November 2025 11:07 AM International Agricultural Products’ non-consolidated net profits hit EGP 12.5m in Q1-25/26

Cairo - Mubasher: International Agricultural Products logged 4.85% lower standalone net profits after tax at EGP 12.59 million in the first quarter (Q1) of fiscal year 2025/2026, compared with EGP 13.23 million in Q1-FY24/25. The earnings per …

Financial Results

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17 August 2025 03:04 PM MTI’s consolidated net sales hit EGP 11bn in H1-25

Cairo – Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade (MTI) increased to EGP 637.54 million in the first half (H1) of 2025 from EGP 505.64 million in H1-24. The net sales hit EGP 11.06 billion as …

Financial Results

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12 June 2025 04:32 AM UAE-based Nas hikes stake in Egyfert for nearly EGP 187m

Cairo – Mubasher: UAE-based Nas Investment Holding raised its equity ownership in Samad Misr (Egyfert) to 51.47% from 32.39%, according to a bourse filing. Nas purchased 1.83 million shares in the EGX-listed firm at a total value of EGP 186.77 …

Mergers and Acquisitions

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16 April 2025 05:27 PM MTI records EGP 1bn consolidated profits in 2024; capital hike approved

Cairo – Mubasher: MM Group for Industry and International Trade (MTI) logged consolidated net profits valued at EGP 1.09 billion in 2024, compared with EGP 699.15 million in 2023. Net sales climbed to EGP 14.30 billion at the end of December 2024 …

Management Decisions

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19 November 2024 00:58 PM MM Group’s consolidated profits surpass EGP 801m in 9M-24; sales hit EGP 10.7bn

Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade hiked to EGP 801.29 million in the first nine months (9M) of 2024 from EGP 482.12 million in 9M-23. Net sales amounted to EGP 10.78 billion as of 30 …

Financial Results

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19 August 2024 01:52 PM MM Group’s consolidated profits hike 105.5% in H1-24

Cairo – Mubasher: MM Group for Industry and International Trade posted consolidated net profits worth EGP 494 million in the first half (H1) of 2024, an annual leap of 105.50% from EGP 295 million. Net revenues reached EGP 6.23 billion in H1-24, …

Financial Results

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30 May 2024 02:15 PM MM Group posts EGP 257m consolidated profit in Q1-24

Cairo – Mubasher: The consolidated net profit of MM Group for Industry and International Trade soared to EGP 257.43 million in the first quarter (Q1) of 2024 from EGP 157.68 million in the same period a year earlier. Net sales rose to EGP 2.76 …

Financial Results

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16 April 2024 10:23 AM FRA approves MM Group’s capital hike

Cairo – Mubasher: MM Group for Industry and International Trade received the approval of the Financial Regulatory Authority (FRA) to proceed with the capital hike procedures. The group plans to raise its authorised capital to EGP 936.58 million …

Corporate Actions

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28 March 2024 11:42 AM MM Group posts EGP 700m consolidated profit in 2023; dividends ratified

Cairo – Mubasher: MM Group for Industry and International Trade logged a consolidated net profit of EGP 699.15 million in 2023, up from EGP 346.25 million a year earlier. The company’s net sales soared to EGP 10.35 billion last year from EGP 6.90 …

Corporate Actions

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19 November 2023 02:06 PM MM Group’s consolidated profits exceed EGP 482m in 9M-23

Cairo – Mubasher: MM Group for Industry and International Trade registered EGP 482.12 million in consolidated net profit after tax during the first nine months (9M) of 2023, The achieved net profits were higher year-on-year (YoY) than EGP 218.17 …

Financial Results

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26 September 2023 03:58 PM Egypt-based MM Group to launch business in Saudi Arabia

Cairo – Mubasher: The board of MM Group for Industry and International Trade, listed on the Egyptian Exchange (EGX), approved on 25 September to set up a company in Saudi Arabia. MM Group noted that establishing a firm in the Kingdom aims at …

Companies Investments

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17 August 2023 01:30 PM MM Group’s consolidated profits near EGP 301m in H1-23

Cairo – Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade hit EGP 300.75 million in the first half (H1) of 2023, versus EGP 145.66 million in H1-22, including non-controlling equity. Net sales …

Financial Results

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1 June 2023 08:43 AM MM Group sees higher net profits in Q1-23; revenues surge 27.5%

Cairo – Mubasher: MM Group for Industry and International Trade achieved consolidated net profits after tax amounting to EGP 157.68 million in the first quarter (Q1) of 2023. The registered profits were higher than EGP 51.06 million in Q1-22, …

Financial Results

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3 April 2023 10:50 AM MM Group’s 2022 consolidated profits exceed EGP 346m

Cairo – Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade hit EGP 346.25 million in 2022, an annual drop from EGP 375.46 million, including non-controlling equity. Sales plummeted to EGP 6.90 billion …

Financial Results

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1 February 2023 00:02 PM Rolaco EGB Investment ups shareholding in MM Group to over 15%

Cairo – Mubasher: Rolaco EGB Investment raised its 14.87% stake in MM Group for Industry and International Trade to 15.02%, according to a bourse disclosure. The investment firm bought 1.46 million shares in MM Group for EGP 7.45 million, at an …

Companies Investments

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24 November 2022 08:33 AM Egypt Free Shops achieves higher profits in Q1-FY22/23

Cairo – Mubasher: Egypt Free Shops generated EGP 48.99 million in net profits after tax during the first quarter (Q1) of fiscal year (FY) 2022/2023, an increase from EGP 46.80 million in the same quarter a year earlier. The total revenues amounted …

Financial Results

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14 November 2022 11:27 AM MM Group’s profits slide 35% in 9M-22

Cairo – Mubasher: MM Group for Industry and International Trade gained EGP 218.17 million in consolidated net profits during the first nine months (9M) of this year, a year-on-year (YoY) drop of 34.70% from EGP 334.56 million, including minority …

Financial Results

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21 August 2022 03:46 PM Elsewedy Cement raises stake in MM Group for EGP 11m

Cairo – Mubasher: Elsewedy Cement has increased its stake in MM Group for Industry and International Trade to 1.64% from 1.33%. Hence, Elsewedy Cement bought 3 million shares in MM Group at a total value of EGP 10.96 million or an average share …

Companies Investments

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9 August 2022 11:24 AM Egypt Free Shops’ earnings soar 26% in FY21/22

Cairo – Mubasher: Egypt Free Shops’ net profits amounted to EGP 167.09 million during fiscal year (FY) 2021/2022, a 26.4% jump when compared to EGP 132.20 million a year earlier, including minority shareholders’ rights. Revenues for the period …

Financial Results

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18 July 2022 06:03 PM Vertika’s Chairman resigns, Salama succeeds

Cairo – Mubasher: The board of Vertika for Industry & Trade Company has approved the resignation of the company’s Chairman, Khalil Mohy El-Din Khalil Kandil. Meanwhile, the listed company appointed Kamel Mogeeb Kamel Salama as the new Chairman, …

Board of Directors

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21 June 2022 11:06 AM Egypt Free Shops targets EGP 80m profits in FY22/23

Cairo – Mubasher: Egypt Free Shops targets EGP 80.31 million in net profits during fiscal year (FY) 2022/2023, compared to around EGP 160.28 million expected to be achieved in FY21/22. The company also seeks to generate revenues of EGP 677 million …

Financial Results

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14 June 2022 11:01 AM El Dawlia Fertilizers announces new company of EGP 500m authorised capital

Cairo – Mubasher: International Agricultural Products, El Dawlia Fertilizers and Chemicals, and Ebdaa for Project Development will establish a new company with an authorised capital of EGP 500 million and issued capital of EGP 5 million. The new …

Companies Investments