Cairo – Mubasher: The shareholders of the Egyptian Media Production City Co (EMPC) approved a one-for-20 bonus issue for 2020, according to a bourse disclosure on Sunday.

The company reported net profits of EGP 67.3 million over the course of 2020.

No results were reported for the corresponding period as the company has not reported its consolidated results before.

As for standalone business, the company posted net profits of EGP 103.327 million last year, compared to EGP 105.13 million in 2019.