EGX executes block trading on Pyramisa Hotels' shares

Updated 12/8/2020 12:25:00 PM

ArabFinance:  The Egyptian Exchange announced block trading on 500,000 issued shares of Pyramisa Hotels and Resorts for a total value of EGP 10,250,000, according to a disclosure on December 8th.

Pyramisa posted a consolidated net profit of EGP 6,749,623 in January-September 2020, compared to EGP 61,214,898 achieved in the prior-year period.

The company distributed cash dividends of EGP 2 per share on June 11th to the shareholders recorded on June 8th.

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.