Arab Finance: Rowad Tourism (Al Rowad) posted a 240.21% year-on-year (YoY) rise in its consolidated net losses after tax and non-controlling interest in the first half (H1) of 2024, according to the company’s consolidated financial statement on August 29th.
Consolidated net losses went up to EGP 3.973 million in H1 2024 from EGP 1.168 million in H1 2023.
Al Rowad is an Egypt-based public shareholding company that operates in the tourism industry.