Cairo – Mubasher: The Egyptian Minister of State for Military Production, Mohamed Ahmed Morsi, headed the general assemblies of the companies and units affiliated to the ministry to review their final accounts for fiscal year 2019/2020.
Over the year ended on 30 June, a total of 20 companies and units affiliated to the National Organization for Military Production achieved revenues of EGP 15.705 billion, up by 19% year-on-year (YoY) from EGP 13.185 billion, according to a statement on Tuesday.
Performance indicators showed the achievement of 95% of FY19/20 target.