Mena Touristic swings to profit in H1

Cairo – Mubasher: Mena Touristic and Real Estate Investment turned to profitability in the first half of 2015, as it posted EGP 32 million in net profits against EGP 7.4 million in losses for the same period of the previous year.

The company's revenues grew to EGP 57.7 million in H1-2015, up from EGP 5.8 million for the same period of 2014.

Mena Touristic recorded net profits of EGP 36.3 million for the first quarter of 2015.

Mubasher Contribution Time: 11-Aug-2015 11:07 (GMT)