Latest news with #publicshareholding
Zawya
2 days ago
- Business
- Zawya
Egypt: Misr Duty Free Shops targets $4mln profits for FY2025/26
Arab Finance: Misr Duty Free Shops' board of directors approved the estimated budget for fiscal year (FY) 2025/2026, targeting net profits after tax amounting to EGP 234.017 million, as per a bourse filing. This amount is lower than the EGP 395.488 million profits planned for FY 2024/2025. Meanwhile, the EGX-listed firm aims to generate total sales valued at EGP 1.607 billion at the end of June 2026, compared to EGP 1.320 billion a year earlier. Established in 1975, Misr Duty Free Shops is engaged in the import and sale of duty-free goods in foreign and local currencies. The public shareholding company also sells products to consumers without being exempted from taxes in sales fairs at air, sea, and land ports. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Egypt: Rowad Tourism incurs 31% YoY higher standalone losses in Q1 2025
Rowad Tourism (Al Rowad) suffered standalone net losses after tax valued at EGP 1.915 million in the first quarter (Q1) of 2025, an annual surge of 31.04% from EGP 1.462 million, the financial results showed. Non-consolidated loss per share hit EGP 0.11 in Q1 2025, compared to EGP 0.08 in Q1 2024. Al Rowad is an Egypt-based public shareholding company that operates in the tourism industry. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
05-06-2025
- Business
- Zawya
Real Estate Egyptian Consortium's profits leap 3,581% YoY in Q1 2025
Arab Finance: The Real Estate Egyptian Consortium's net profits after tax hiked by 3,581% to EGP 604,474 in the first quarter (Q1) of 2025 from EGP 16,420 in Q1 2024, the financial results revealed. The revenues amounted to EGP 3.037 million at the end of March 2025, down year-on-year (YoY) from EGP 5.061 million. Real Estate Egyptian Consortium is an Egypt-based public shareholding company engaged in the real estate investment sector. The company focuses on real estate development and general building contracts, such as the construction of hotels and tourist villages, and housing complexes, among others. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
