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Americana Egypt profit climbs 85% to EGP 175m in 9M

Americana Egypt profit climbs 85% to EGP 175m in 9M
The board of Egyptian Company for International Tourism Projects (Americana Egypt) endorsed financial statements for the nine-month period ending on Sept. 30, 2014.
These statements reflected EGP 175.370 million net earnings, with a leap of 84.8% compared with EGP 94.916 million in the year-ago period.
The standalone net profit reached EGP 173.937 million, compared with EGP 99.7 million a year earlier.
The company had reported a 74.66% leap in H1 net earnings year-on-year from EGP 70.236 million to EGP 122.679 million.