ArabFinance: Pyramisa Hotels and Resorts (PHTV) achieved a consolidated net profit of EGP 29.7 million during the first nine months of 2021, compared to EGP 6.74 million in the same period of 2020, the company said in a statement to the Egyptian Exchange.

The company’s standalone net profit stood at EGP 19.96 million during the nine-month period ended September 2021, compared to EGP 7.62 million in the corresponding period of 2020.

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.