MM Group For Industry And International Trade (MTI) News - Mubasher Info
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19 July 02:47 PM

MM Group For Industry And International Trade (MTIE)

Last update: 17 July 01:29 PM market time.
8.55
-0.08
-0.93%
Open 8.60
Previous Close 8.60
High 8.77
Low 8.52
Stock Statistics
Volume 1,250,454
Turnover 10,749,418.00
All data are 15 minutes late during market session

News

Photo Archive
16 April 06:27 PM MTI records EGP 1bn consolidated profits in 2024; capital hike approved
Cairo – Mubasher: MM Group for Industry and International Trade (MTI) logged consolidated net profits valued at EGP 1.09 billion in 2024, compared with EGP 699.15 million in 2023. Net sales climbed to EGP 14.30 billion at the end of December 2024 …
Financial Results
Photo Archive
19 November 2024 01:58 PM MM Group’s consolidated profits surpass EGP 801m in 9M-24; sales hit EGP 10.7bn
Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade hiked to EGP 801.29 million in the first nine months (9M) of 2024 from EGP 482.12 million in 9M-23. Net sales amounted to EGP 10.78 billion as of 30 …
Financial Results
Photo Archive
19 August 2024 02:52 PM MM Group’s consolidated profits hike 105.5% in H1-24
Cairo – Mubasher: MM Group for Industry and International Trade posted consolidated net profits worth EGP 494 million in the first half (H1) of 2024, an annual leap of 105.50% from EGP 295 million. Net revenues reached EGP 6.23 billion in H1-24, …
Financial Results
Photo Archive
30 May 2024 03:15 PM MM Group posts EGP 257m consolidated profit in Q1-24
Cairo – Mubasher: The consolidated net profit of MM Group for Industry and International Trade soared to EGP 257.43 million in the first quarter (Q1) of 2024 from EGP 157.68 million in the same period a year earlier. Net sales rose to EGP 2.76 …
Financial Results
Photo Archive
16 April 2024 11:23 AM FRA approves MM Group’s capital hike
Cairo – Mubasher: MM Group for Industry and International Trade received the approval of the Financial Regulatory Authority (FRA) to proceed with the capital hike procedures.    The group plans to raise its authorised capital to EGP 936.58 million …
Management Decisions
Photo Archive
28 March 2024 00:42 PM MM Group posts EGP 700m consolidated profit in 2023; dividends ratified
Cairo – Mubasher: MM Group for Industry and International Trade logged a consolidated net profit of EGP 699.15 million in 2023, up from EGP 346.25 million a year earlier. The company’s net sales soared to EGP 10.35 billion last year from EGP 6.90 …
Cash Dividends
Photo Archive
19 November 2023 03:06 PM MM Group’s consolidated profits exceed EGP 482m in 9M-23
Cairo – Mubasher: MM Group for Industry and International Trade registered EGP 482.12 million in consolidated net profit after tax during the first nine months (9M) of 2023, The achieved net profits were higher year-on-year (YoY) than EGP 218.17 …
Financial Results
Photo Archive
26 September 2023 04:58 PM Egypt-based MM Group to launch business in Saudi Arabia
Cairo – Mubasher: The board of MM Group for Industry and International Trade, listed on the Egyptian Exchange (EGX), approved on 25 September to set up a company in Saudi Arabia. MM Group noted that establishing a firm in the Kingdom aims at …
Companies Investments
Photo Archive
17 August 2023 02:30 PM MM Group’s consolidated profits near EGP 301m in H1-23
Cairo – Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade hit EGP 300.75 million in the first half (H1) of 2023, versus EGP 145.66 million in H1-22, including non-controlling equity. Net sales …
Financial Results
Photo Archive
1 June 2023 09:43 AM MM Group sees higher net profits in Q1-23; revenues surge 27.5%
Cairo – Mubasher: MM Group for Industry and International Trade achieved consolidated net profits after tax amounting to EGP 157.68 million in the first quarter (Q1) of 2023. The registered profits were higher than EGP 51.06 million in Q1-22, …
Financial Results
Photo Archive
3 April 2023 11:50 AM MM Group’s 2022 consolidated profits exceed EGP 346m
Cairo – Mubasher: The consolidated net profits after tax of MM Group for Industry and International Trade hit EGP 346.25 million in 2022, an annual drop from EGP 375.46 million, including non-controlling equity. Sales plummeted to EGP 6.90 billion …
Financial Results
Photo Archive
1 February 2023 01:02 PM Rolaco EGB Investment ups shareholding in MM Group to over 15%
Cairo – Mubasher: Rolaco EGB Investment raised its 14.87% stake in MM Group for Industry and International Trade to 15.02%, according to a bourse disclosure. The investment firm bought 1.46 million shares in MM Group for EGP 7.45 million, at an …
Companies Investments
Photo Archive
14 November 2022 00:27 PM MM Group’s profits slide 35% in 9M-22
Cairo – Mubasher: MM Group for Industry and International Trade gained EGP 218.17 million in consolidated net profits during the first nine months (9M) of this year, a year-on-year (YoY) drop of 34.70% from EGP 334.56 million, including minority …
Financial Results
Photo Archive
21 August 2022 04:46 PM Elsewedy Cement raises stake in MM Group for EGP 11m
Cairo – Mubasher: Elsewedy Cement has increased its stake in MM Group for Industry and International Trade to 1.64% from 1.33%. Hence, Elsewedy Cement bought 3 million shares in MM Group at a total value of EGP 10.96 million or an average share …
Mergers and Acquisitions
Photo Archive
29 May 2022 04:14 PM MM Group’s profits shrink in Q1-22 initial financial results
Cairo – Mubasher: MM Group for Industry and International Trade has reported consolidated net profits worth EGP 51.06 million during the first quarter (Q1) of 2022, versus EGP 130.23 million in Q1-21. The company's sales reached EGP 1.94 billion …
Financial Results
Photo Archive
30 March 2022 11:12 AM MM Group sees rise in 2021 net profits
Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade increased to EGP 375.46 million in 2021, compared to EGP 370.49 million in the earlier year, including minority shareholders' rights. The company …
Financial Results
Photo Archive
7 February 2022 11:51 AM MM Group signs distribution agreement with Apple Trading Egypt
Cairo – Mubasher: MM Group for Industry and International Trade has reached an agreement with Apple Trading Egypt to become a non-exclusive authorised distributor of Apple products in Egypt. The company will start sales by the third quarter (Q3) …
Companies Investments
Photo Archive
26 December 2021 01:41 PM MM Group to contribute to Basata Financial Holding's capital increase
Cairo – Mubasher: The board of MM Group for Industry and International Trade has approved to contribute to increasing the capital of Basata Financial Holding with a total value of EGP 25 million. MM Group's stake in Basata's capital increased to …
Companies Investments
The company's revenues jumped by 8.1%
16 November 2021 10:57 AM MM Group records higher profits in 9M
Cairo – Mubasher: The consolidated net profits of MM Group for Industry and International Trade increased to EGP 334.57 million during the first nine months of 2021, compared to EGP 299.78 million in the year-ago period, including minority …
Financial Results
The sales grew to EGP 4.83 billion in the six-month period ended 30 June
16 August 2021 04:57 PM MM Group's H1 profit grows 17%
Cairo – Mubasher: MM Group for Industry and International Trade posted consolidated net profits of EGP 245.03 million in the first half (H1) of 2021, an increase of 16.66% year-on-year (YoY) from EGP 210.02 million, including minority …
Financial Results
MM Group will contribute to increasing the capital of Basata by EGP 40 million
4 July 2021 00:21 PM MM Group to contribute to Basata Financial Holding's capital raise
Cairo - Mubasher: The board of directors of MM Group for Industry and International Trade approved a decision to contribute to the capital increase of Basata Financial Holding, which operates in non-banking financial services. MM Group will …
Corporate Actions
The sales grew to EGP 2.51 billion in the three-month period
7 June 2021 11:09 AM MM Group's profit grows 22% in Q1-21
Cairo – Mubasher: MM Group for Industry and International Trade achieved net profits of EGP 130.24 million in the first quarter (Q1) of 2021, up by 22.13% year-on-year (YoY) from EGP 106.64 million, including minority shareholders’ rights. The …
Financial Results
The capital will be raised by EGP 119.88 million
25 April 2021 11:13 AM MM Group's shareholders approve capital raise via bonus issue
Cairo – Mubasher: The extraordinary general meeting (EGM) of MM Group for Industry and International Trade approved a decision to increase its paid-up and issued capital to EGP 599.41 million from EGP 479.53 million. The capital will be raised by …
General Assembly
The company’s sales amounted to EGP 8.68 billion in 2020, down from EGP 9.83 billion in 2019.
11 March 2021 11:54 AM MM Group annual profit down 22%; bonus shares proposed
Cairo – Mubasher: The net profits of MM Group for Industry and International Trade were down by 22% in 2020 to EGP 370.499 million, compared to EGP 475.59 million a year earlier. The company’s sales amounted to EGP 8.68 billion in 2020, down from …
Board of Directors
This decision will enable Bee and Masary to grow their business volumes
24 February 2021 00:48 PM Ebtikar's board approves Vodafone Egypt's 20% acquisition in Bee, Masary
Cairo – Mubasher: The board of Ebtikar Holding for Financial Investments, the owner of Bee and Masary, has approved to ink a Memorandum of Understanding (MoU) to allow Vodafone Egypt to buy a 20% stake in each of the two e-payment platforms to …
Board of Directors