January 14, 2022

Golden Pyramids Plaza posts higher standalone profit in 9 months


ArabFinance: Golden Pyramids Plaza (GPPL) reported a standalone net profit of $27.46 million for the first nine months of 2021, according to the company’s standalone financial statement filed to the Egyptian Exchange (EGX).

It is worth noting that the company’s standalone net profit stood at $10.39 million in the January-September period of 2020.

Operating revenue amounted to $71.46 million at the end of September 2021, up from $62.24 million in the year-ago period.

It is worth noting that the company previously posted a standalone net profit of $14.18 million for H1 of 2021, compared to a profit of $2.01 million in H1 2020.

Established in 1991 and listed on EGX in 1997, Golden Pyramids Plaza operates within the consumer services sector focusing on hotels, resorts, and cruise lines.

arabfinance


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