Cairo - Mubasher: The extraordinary general meeting (EGM) of Egyptian Media Production City Company (EMPC) approved increasing its issued capital to EGP 2.25 billion from EGP 1.89 billion.
Following the capital hike, the company’s total number of shares will rise to 225 million shares from 189.63 million shares, according to a bourse filing.
Meanwhile, the nominal value will remain unchanged at EGP 10 per share.
It is also worth noting that the EGX-listed company will maintain its authorized capital at EGP 5 billion.
During 2025, EMPC reported an annual decline of 2.24% in consolidated net profits after tax to EGP 783.56 million, compared to EGP 801.40 million.
