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Mena Touristic Investment turns profitable in H1

Mena Touristic Investment turns profitable in H1

ArabFinance: Mena Touristic & Real Estate Investment (MENA) announced, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending June 30, 2019.

The company achieved consolidated net profits of EGP 13.6 million, versus net losses of EGP 9.5 million in the same period a year ago.

Moreover, it posted standalone net profits of EGP 14.26 million, against net losses of EGP 1.26 million in the same period last year.  

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