Egypt: Golden Pyramids posts 206.8% higher standalone profits in 9 months

The recorded profits were higher by 206.81% year-on-year (YoY) than $18.44 million

Staff Writer, Arab Finance

December 24, 2024

PHOTO

Golden Pyramids Plaza (GPPL) logged standalone net profits after tax valued at $56.58 million in the first nine months of 2024, according to the financial statements.

The recorded profits were higher by 206.81% year-on-year (YoY) than $18.44 million.

Revenues increased to $70.12 million in the January-September 2024 period from $65.73 million a year earlier.

Basic and diluted earnings per share (EPS) climbed to $0.09 from $0.01.

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.

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