Arab Finance: Golden Pyramids Plaza's (GPPL) consolidated net profits after tax and non-controlling interests surged by 41.07 year-on-year (YoY) during the first nine months of 2022, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
Profits hit $31.91 million, up from $22.62 million during the same period in 2021.
Operating revenues totaled $88.27 million during the January-September period of 2022, up from $83.07 million in the first nine months of 2021, an increase of 6.26%.
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.