Egyptian Resorts turns to profitability in Q3

Cairo – Mubasher: Egyptian Resorts Co. reported net profits of EGP 7.27 million for the third quarter of 2016, against losses of EGP 16.64 million for the comparable period of the previous year.

As for the first nine months of 2016, the nine – month period ended September 2016, the company posted losses of EGP 29.6 million, against profits of EGP 165.5 for the same period of the previous year.

Earlier, the company declared its financial results for the second quarter of 2016 where it reported net losses of EGP 35.4 million.

Mubasher Contribution Time: 15-Nov-2016 11:44 (GMT)
Mubasher Last Update Time: 15-Nov-2016 11:44 (GMT)