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EMPC - Egyptian Media Production City SAE, operating under the free zones system of the investment law and capitalized at L.E. 1,896 million fully paid up, has posted for the year 2011 about L.E. 54.3 million net profits on L.E. 258.3 million gross operating revenues among other revenues. Figures compare with L.E. 90.3 million net profits posted for the year 2010 on L.E. 265.6 million gross operating revenues among other revenues. Net working capital as at 12/31/2011 has sharply increased to L.E. 199.3 million up from L.E. 69.8 million a year ago. Meanwhile, long term liabilities as at the same date declined to L.E. 37.6 million down from L.E. 46.5 million a year ago. With regards to shareholders net equity as at the same date, including the year profits, it has slightly increased to L.E. 226.8 million up from L.E. 222.4 million a year ago. Chairman and Managing Director is Mr. Hassan Hamed.
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