Addis Ababa, Ethiopia (25 February 2023)

During a performance dialogue session with Ethiopian Investment Holdings (EIH) yesterday, Educational Materials Production and Distribution Enterprise (EMPD) reported a 239% increase in profit compared to the same period last year.

Source: Educational Materials Production and Distribution Enterprise

EMPD also exceeded targets for revenue from in-house manufactured furniture sales and furniture production. In strategizing for the second half of the fiscal year, EMPD and EIH agreed to focus on furniture production and book printing, which constitutes 88% of the Enterprise’s revenue. EMPD plans to collaborate with EIH on investment projects around stationary materials and tablet manufacturing, among other potential projects.

This performance dialogue highlights the importance of diversification and innovation to remain competitive in the market and increase revenue.

Source: EIH


The opinions expresses here in the post "Educational Materials Production and Distribution Enterprise Reports 239% Increase in Profit" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


Hanna is an aspiring economist in her final year at Addis Ababa University. She has written hundreds of insightful daily stories, analyses, and features about the Ethiopian economy and beyond.

Comments are closed.