Porto Group’s EGM nods to changing company name

Cairo – Mubasher: The shareholders of Porto Group Holding approved to change the name of the company to Arab Developers Holding Company.

The decision was taken during the extraordinary general meeting (EGM) that was held on 9 January.

It is worth noting that the company turned to consolidated net profits worth EGP 90.97 million in the first nine months (9M) of 2021, versus net losses of EGP 8.62 million in 9M-20.

Mubasher Contribution Time: 09-Jan-2022 11:59 (GMT)
Mubasher Last Update Time: 09-Jan-2022 11:59 (GMT)