Golden Coast switches to losses in H1

Updated 11/21/2022 9:48:00 AM

Arab Finance: Golden Coast Company (GOCO) turned to losses in the first half (H1) of 2022, according to the financial income statement filed to the Egyptian Exchange (EGX) on November 21st.

The company incurred a net loss after tax of EGP 2.82 million in H1 2022, compared to a profit of EGP 2.84 million in H1 2021. 

Established in 2004 and listed on the EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.