ArabFinance: Golden Coast (GOCO) stated that its shareholder Samah Soliman raised her stake from 0.41% to 4.43% in the company, according to the company's August 11th statement filed to the Egyptian Exchange.
Soliman bought 720,000 shares at EGP 9.95 per each, with a total amount of EGP 7,174,200.
The company posted a net profit of EGP 9,770,750 in 2019, a 43% decline from EGP 17,139,853 in the corresponding year.
Established in 2004 and listed on EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.