Egyptian Co. for International Touristic Projects Unveils H1 Losses

Egyptian Co. for International Touristic Projects Unveils H1 Losses

Egyptian Co. For International Touristic Projects (EITP) announces the consol net loss in the first half of the current fiscal year at EGP 24.3 mn versus profit of EGP 62.1 mn a year ago, Invest-Gate reports.
In its financial statement report, the company says that the consol revenue accounts for EGP 1.50 bn versus EGP 1.27 bn a year ago.
Listed on Egyptian Exchange since November 1995, Egyptian Co for International Tourism Projects operates within the consumer services sector focusing on hotels, resorts and cruise lines. It has 14 subsidiaries operating across Egypt and Morocco. Egyptian Co. for International Tourism Projects is based in Giza, Egypt and was established in September 1983.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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