Cairo – Mubasher: The consolidated net profits of the Egyptian Media Production City Co (EMPC) increased to EGP 50.43 million in the first quarter (Q1) of 2022, compared to EGP 25.57 million in the year-ago period.

The company's revenues amounted to EGP 147.49 million in the January-March period of 2022, up from EGP 125.16 million in the same period of 2021, according to a bourse filing on Wednesday.

It is noteworthy to mention that in Q1-22, the company's standalone net profits jumped to EGP 46.94 million, compared to EGP 30.40 million in the same period in 2021.