Cairo – Mubasher: The financial indicators of Egyptian Media Production City Co on Sunday showed a 1.45% year-on-year drop in profits for 2017.

Net profit amounted to EGP 54.6 million last year, compared to profits of EGP 55.5 million a year earlier, the company said in a filing to the Egyptian Exchange (EGX).

Revenues grew to EGP 360.8 million in 2017, from EGP 336.6 million in the year before, the EGX-listed firm said. 

Egyptian Media Production last posted EGP 23.3 in profits for the first nine months of 2017, versus a net profit of EGP 18.9 million in the nine-month period of 2016.