Established in 2004 and listed on EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.
Golden Coast reports 40% profit decrease
Updated 8/30/2020 10:34:38 AM
ArabFinance: Golden Coast Company reported a 40% Year on Year decline in its net profit in the first half (H1) of 2020, according to the company’s August 30th financial statements filed to the Egyptian Exchange.
Net profit stood at EGP 4,322,791 in H1 2020, compared to EGP 7,157,677 achieved in H1 2019.
In early July, the company’s board of directors decided to split the stock's par value from EGP 4 to 0.40 per share.
