Misr Hotels Company posted 4.45% year-on-year (YoY) lower net profits after tax at EGP 1.389 billion in fiscal year (FY) 2024/2025, compared to EGP 1.454 billion

Misr Hotels Company (MHOT) reported a 77.6% year-on-year (YoY) increase in net profits after tax for the first half (H1) of fiscal year (FY) 2024/2025.

Misr Hotels Company (MHOT) will pay cash dividends of EGP 1.2 per share for the fiscal year (FY) 2023/2024 on October 10th.

Misr Hotels Company (MHOT) reported a 77.4% year-on-year (YoY) hike in net profit for the fiscal year (FY) 2023/2024.

The Financial Regulatory Authority (FRA) has approved splitting the nominal value of the Misr Hotels Company’s stock to EGP 1 per share from EGP 5.

Misr Hotels Company (MHOT) reported a 68.5% year-on-year (YoY) increase in net profits after tax for the first nine months of fiscal year (FY) 2023/2024.

Misr Hotels Company (MHOT) reported a 23.91% year-on-year (YoY) increase in net profits after tax for the first half (H1) of fiscal year (FY) 2023/2024.

The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of Misr Hotels Company by issuing 39.6 million shares or 1-for-1 bonus shares, the company stated on December 20th.

Misr Hotels Company has decided to distribute 1-for-1 bonus shares to shareholders.

Misr Hotels Company (MHOT) reported a 49.86% year-on-year (YoY) hike in net profit for the first quarter (Q1) of fiscal year (FY) 2023/2024, according to the company’s financial income statement filed to the Egyptian Exchange (EGX) on October 31st.

Misr Hotels Company (MHOT) will pay cash dividends for fiscal year (FY) 2022/2023 of EGP 10 per share on November 1st.

Misr Hotels is an Egypt-based joint stock company engaged in tourism investment activities.

Misr Hotels’ (MHOT) board has approved the estimated budget for the fiscal year (FY) 2023/2024 with expected net profits after tax of EGP 546.84 million.