ArabFinance: Golden Pyramids Plaza (GPPL) has reported a 428.4% year-on-year (YoY) surge in standalone net profit after tax during the full year 2021, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
The company’s net profit after tax soared to $15.398 million in 2021 from $2.914 million in 2020.
Operating revenue rose to $76.806 million in the year ended December 31st, from $73.491 million the year before.
Established in 1991 and listed on the EGX in 1997, Golden Pyramids Plaza operates within the consumer services sector focusing on hotels, resorts, and cruise lines.