Cairo – Porto Group Holding announced the resignation of its chairman and managing director Mohamed Sayed Mohamed Abdul Raziq.
The company’s board of directors approved the appointment of Gamal Fawzi Mohamed Fathallah as the new chairman and managing director, according to a bourse disclosure on Monday.
The board also decided to appoint Ayman Mokhtar Ibrahim Khalifa as a deputy chairman and managing director for financial affairs and business development.
For the full-year 2019, the company’s net profits slid to EGP 116.88 million from EGP 133.58 million in 2018, including minority shareholders’ rights.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
