Arab Finance: Pyramisa Hotels and Resorts (PHTV) posted a 318.65% year-on-year (YoY) hike in consolidated profit attributable to the parent company during the first nine months of 2023, according to financial statements filed to the Egyptian Exchange (EGX) on November 12^th.

The company’s consolidated profit excluding minority interest surged to EGP 267.003 million in the nine-month period ended September 30th from EGP 63.776 million in the same period a year earlier.

Operating revenue soared to EGP 902.325 million in the January-September period of 2023 from EGP 360.422 million in the year-ago period.

Furthermore, standalone net profit after tax jumped to EGP 188.540 million during the period from January 1st to September 30th from EGP 42.385 million in the same period last year.

Pyramisa Hotels is engaged in tourism and hotel development and investment. The company, along with its subsidiaries, is primarily involved in the ownership, establishment, sale, rent, and management of hotels, in addition to providing travel, entertainment, therapeutic, and sports facilities.

Abu Qir Fertilizers achieves 1.98% YoY higher profits in Q1 FY2025/26 Updated 10/30/2025 11:46:00 AM

Credit Agricole Egypt posts 15.4% YoY consolidated profit drop in 9 months Updated 10/29/2025 10:11:00 AM

Delta Sugar records 60% YoY profit fall in 9 months Updated 10/29/2025 8:38:00 AM

Egypt Aluminum sees 43% YoY lower net profits in Q1 FY2025/26 Updated 10/27/2025 10:12:00 AM

SODIC’s consolidated profits leap by 150.9% YoY in 9 months Updated 10/26/2025 10:46:00 AM