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Sharm Dreams shareholders to discuss financial results May 22

Sharm Dreams shareholders to discuss financial results May 22
Sharm Dreams
SDTI
3.55% 16.34 0.56
Sharm Dreams Co. for Tourism Investment will hold an ordinary general meeting on May 22, 2014 at 3:00 p.m. to look into and approve the board and auditor’s reports for the fiscal year that ended on December 31, 2013.

Shareholders will also discuss the appointment of FY14 auditors and their fees.

The company had posted EGP 2.025 million net loss in FY13, against EGP 7.013 million net profit reported in FY12, while taking into consideration minority rights.

The company operates with issued and paid-in capital of EGP 450 million, divided into 45 million shares at EGP 10 par value each.