ArabFinance: Trans Oceans Tours (TRTO) reported a 74.12% year-on-year (YoY) increase in net profits after taxes for the full year ended December 31st 2021, according to financial indicators filed to the Egyptian Exchange (EGX) on Wednesday.
The company’s net profits after taxes surged to EGP 1.492 million in 2021, from EGP 857,042 in 2020.
In 2021, revenue dropped 14.01% to EGP 7.783 million, from EGP 9.051 million the year before.
Trans Oceans is an Egypt-based public shareholding company engaged in the provision of tourism and transportation-related services.
The company provides several types of touristic services, such as transportation arrangements, accommodation and hotels booking, and airlines reservation services inside and outside of Egypt.