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Sharm Dreams swings to loss

Sharm Dreams swings to loss

ArabFinance:  Sharm Dreams Company for Tourism Investment (SDTI) suffered a net loss of EGP 29.8 million in 2020, against a net profit of EGP 65.68 million in 2019, according to the company’s filing to the Egyptian Exchange.

The company incurred a net loss of EGP 27.54 million during the first half of 2020, versus a net profit of EGP 30.35 million in the same period a year ago.

 Sharm Dreams is an Egypt-based public shareholding company that operates in the tourism and entertainment industry. The company focuses on the construction and operation of hotels, touristic resorts, and villages, as well as commercial complexes and entertainment centers.

 

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