Misr Hotels repays EGP 327m installments in NBE's loan

Cairo – Mubasher: Misr Hotels has paid off EGP 327.33 million installments of a loan secured by the National Bank of Egypt (NBE).

The company made the 19th expedited payment at a value of EGP 10.1 million, according to a bourse filing on Tuesday.

It is noteworthy to mention that in the first half (H1) of fiscal year (FY) 2021/2022, the company achieved pre-tax profits of EGP 151.13 million, against net losses of EGP 106.46 million in the year-ago period.

Mubasher Contribution Time: 25-Jan-2022 10:53 (GMT)
Mubasher Last Update Time: 25-Jan-2022 10:55 (GMT)