MM Group For Industry And International Trade (MTIE)

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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) …

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 …

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 …

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 …

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 …

Cairo – Mubasher: MM Group for Industry and International Trade achieved net profits of EGP 130.24 million in the first quarter (Q1) of 2021, up by 22.13% year-on-year (YoY) from EGP 106.64 million, including minority shareholders’ rights. The …

Cairo – Mubasher: The extraordinary general meeting (EGM) of MM Group for Industry and International Trade approved a decision to increase its paid-up and issued capital to EGP 599.41 million from EGP 479.53 million. The capital will be raised by …

Cairo – Mubasher: The net profits of MM Group for Industry and International Trade were down by 22% in 2020 to EGP 370.499 million, compared to EGP 475.59 million a year earlier. The company’s sales amounted to EGP 8.68 billion in 2020, down from …

Cairo – Mubasher: The board of Ebtikar Holding for Financial Investments, the owner of Bee and Masary, has approved to ink a Memorandum of Understanding (MoU) to allow Vodafone Egypt to buy a 20% stake in each of the two e-payment platforms to …

Cairo – Mubasher: Ebtikar Holding for Financial Investments, a joint venture (JV) between MM Group for Industry and International Trade and B Investments Holdings, is executing a restructuring plan of its investments to prepare for listing its …

Cairo – Mubasher: The board of directors of MM Group for Industry and International Trade decided to contribute to the capital increase of Ebtikar for Financial Investment by EGP 150 million, bringing its total contribution to EGP 365 million. In …

Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade fell by 18.9% year-on-year (YoY) to EGP 299.78 million in the first nine months of 2020 from EGP 370.05 million, including minority shareholders’ …

Cairo – Mubasher: MM Group for Industry and International Trade (MTI) and B Investments Holdings announced that Ebtikar Holding for Financial Investments appointed the Egyptian Financial Group Hermes Holding (EFG Hermes) to explore the various …