Pyramisa Hotels' profits soar to EGP 62M in 9 months

Updated 11/14/2019 10:15:00 AM

ArabFinance: Pyramisa Hotels and Touristic Villages Co. (PHTV)  announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending Sept. 30, 2019. 

The company posted consolidated net profits of EGP 61,926,220, compared to net profits of EGP 35,186,468 in the same period a year ago, taking into account the minority rights.  

Moreover, it posted standalone net profits of EGP 53,021,414, compared to net profits of EGP 28,073,860 in the same period last year.