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Americana turns to losses ending June 2019

Americana turns to losses ending June 2019

ArabFinance: Egyptian International Tourism Projects – Americana (EITP) announced, in a statement sent to EGX, the financial results for the fiscal period ending June 30, 2019.

The company achieved standalone net profits of EGP 16.8 million, compared to net profits of EGP 59 million in the same period a year ago.

Moreover, the company recorded consolidated net losses of EGP 1.45 million, versus EGP 26.7 million profits in the year-ago period.

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