Talaat Moustafa Group’s 2024 profits soar 224% to EGP 10.7bn
[Daily News Egypt - Egypt] - 24/02/2025
Talaat Moustafa Group (TMG) reported a 224% surge in profits for 2024, reaching EGP 10.7bn, compared to EGP 3.3bn in 2023. This significant increase was driven by a 50% rise in revenues, which climbed to EGP 42.6bn from EGP 28.4bn the previous year. TMG achieved record sales of EGP 504bn ($10bn) (…)
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