Cairo – Mubasher: The extraordinary general meeting (EGM) of Porto Group Holding approved the board’s proposal to change the company’s name

The decision comes in line with the company’s future plans as well as growth and development objectives, the company said in a bourse disclosure on Wednesday.

In 2020, Porto Group Holding achieved net profits of EGP 25 million, compared to EGP 104.25 million a year earlier.