ArabFinance: Golden Pyramids Plaza posted a standalone net profit of $ 2.914 million (EGP 45.576 million) in 2020, according to the company’s financial statements filed to the Egyptian Exchange.
This marked a Year on Year (YoY) decline of 91% when compared to $32.663 million (EGP 510.869 million) in 2019.
Golden Pyramids Plaza’s board of directors approved to renew the company period for 25 years.
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 15.64