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EGX says Misr Hotels' 2.6M shares block traded

EGX says Misr Hotels' 2.6M shares block traded

ArabFinance:  The Egyptian Exchange (EGX) announced block trading on 2,562,682 issued shares of Misr Hotels Company (MHOT) 25,242,418, according to the EGX’s disclosure on September 20th.

The company reported net profit of EGP 85,450,149 in the fiscal year of 2019/2020, a 52% decline from EGP 176,392,724 achieved in FY 2018/2019.

Misr Hotels, a subsidiary of Holding Company for Tourism and Hotels, is an Egypt-based joint stock company engaged in tourism investment activities. The company focuses on hotel and tourism activities, including construction, purchase, and sale of hotels, resorts, casinos, restaurants, strips, and other tourist facilities.

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04 Oct 2021
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