Arab Finance: Trans Oceans Tours (TRTO) posted a 35.9% year-on-year (YoY) increase in net profit after tax for the first nine months of 2022, according to the financial statement filed to the Egyptian Exchange (EGX) on November 13th.
The company recorded a net profit after tax of EGP 1.59 million in the January-September period of 2022, compared to EGP 1.17 million in the year-ago period.
Total operating revenue reached EGP 1.76 million in the nine-month period ended September 30th, up from EGP 910,648 in the same period last year.
The company provides several types of touristic services, such as transportation arrangements, accommodation and hotel booking, and airline reservation services inside and outside of Egypt.