Golden Pyramids Plaza’s standalone net profits rise 158.8% YoY in 2022: Egypt

Golden Pyramids Plaza operates within the consumer services sector focusing on hotels, resorts, and cruise lines

Staff Writer, Arab Finance

May 29, 2023

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Golden Pyramids Plaza (GPPL) reported a standalone net profit of $39.862 million for 2022, compared to a profit of $15.397 million in 2021, an increase of 158.88% year on year (YoY), according to the company’s financial statement filed to the Egyptian Exchange (EGX) on May 28th.

Standalone operating revenue reached $105.415 million last year, up from $76.806 million in 2021.

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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