Golden Pyramids Plaza records $2M consolidated profit

Updated 1/10/2021 11:10:00 AM

ArabFinance: Golden Pyramids Plaza achieved a consolidated net profit of $2.03 million (EGP 31.94 million) at the end of September 2020, according to a January 10th disclosure.

The figure marked a Year on Year plummet of 759% from $17.44 million (EGP 274.39 million).

Golden Pyramids Plaza previously announced a standalone net profit of $10.39 million (EGP 163.47 million) for the same period of 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. 

 

* At press time, the conversion rate is $1 = EGP 15.73