Trans Oceans 9-month profits slide 26.1%

Cairo - Mubasher: Trans Oceans Tours posted a decline of 26.1% in net profits for the nine-month period ended September 2015.

The company's net profits stood at EGP 613,500 at the end of the nine month period, down from EGP 830,600 a year earlier.

Meanwhile, the company posted gross profits of EGP 1.8 million for the nine-months period, compared with EGP 2.04 million for the similar period of 2014.

Trans Oceans reported earlier net earnings of EGP 934,700 in 2014, a rise 45.7% from EGP 1.7 million in 2013.

Mubasher Contribution Time: 04-Nov-2015 08:13 (GMT)