MM Group For Industry And International Trade (MTIE)

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News

26 March 06:24 PM MTI’s board greenlights EGP 234m capital hike via bonus shares

Cairo - Mubasher: The board of MM Group for Industry and International Trade (MTI) approved increasing its issued and paid-in capital to EGP 1.40 billion from EGP 1.17 billion through bonus shares. The EGP 234.14 million hike amount will be …

Management Decisions

26 March 05:50 PM MTI logs higher consolidated net profits at EGP 1.2bn in 2025

Cairo - Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade (MTI) hit EGP 1.29 billion in 2025, which signaled a year-on-year (YoY) rise from EGP 1.09 billion. The earnings per share (EPS) retreated to …

Financial Results

19 November 2025 11:27 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

17 August 2025 05:04 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

16 April 2025 07:27 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

19 November 2024 02:58 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

19 August 2024 03:52 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

30 May 2024 04:15 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

16 April 2024 00:23 PM 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

28 March 2024 01:42 PM 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 …

Board of Directors

19 November 2023 04:06 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

26 September 2023 05:58 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 …

Corporate Actions

17 August 2023 03:30 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

1 June 2023 10:43 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

3 April 2023 00:50 PM 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

1 February 2023 02:02 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 …

Trading Activities

14 November 2022 01:27 PM 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

21 August 2022 05:46 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 …

Mergers and Acquisitions

29 May 2022 05:14 PM MM Group’s profits shrink in Q1-22 initial financial results

Cairo – Mubasher: MM Group for Industry and International Trade has reported consolidated net profits worth EGP 51.06 million during the first quarter (Q1) of 2022, versus EGP 130.23 million in Q1-21. The company's sales reached EGP 1.94 billion …

Financial Results

30 March 2022 00:12 PM MM Group sees rise in 2021 net profits

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 …

Financial Results

7 February 2022 00:51 PM MM Group signs distribution agreement with Apple Trading Egypt

Cairo – Mubasher: MM Group for Industry and International Trade has reached an agreement with Apple Trading Egypt to become a non-exclusive authorised distributor of Apple products in Egypt. The company will start sales by the third quarter (Q3) …

Companies Investments

26 December 2021 02:41 PM MM Group to contribute to Basata Financial Holding's capital increase

Cairo – Mubasher: The board of MM Group for Industry and International Trade has approved to contribute to increasing the capital of Basata Financial Holding with a total value of EGP 25 million. MM Group's stake in Basata's capital increased to …

Companies Investments

16 November 2021 11:57 AM MM Group records higher profits in 9M

Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade increased to EGP 334.57 million during the first nine months of 2021, compared to EGP 299.78 million in the year-ago period, including minority …

Financial Results

16 August 2021 05:57 PM MM Group's H1 profit grows 17%

Cairo – Mubasher: MM Group for Industry and International Trade posted consolidated net profits of EGP 245.03 million in the first half (H1) of 2021, an increase of 16.66% year-on-year (YoY) from EGP 210.02 million, including minority …

Financial Results

4 July 2021 01:21 PM MM Group to contribute to Basata Financial Holding's capital raise

Cairo - Mubasher: The board of directors of MM Group for Industry and International Trade approved a decision to contribute to the capital increase of Basata Financial Holding, which operates in non-banking financial services. MM Group will …

Corporate Actions