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TransOceans Tours profit slips 46% in 2014

TransOceans Tours profit slips 46% in 2014
Photo Credit: Arabianeye-Reuters
Trans Oceans Tours
TRTO
-5.71% 0.03 -0.00

Cairo-Mubasher: TransOceans Tours Co. posted financial indicators for the fiscal year 2014, showing that net profit fell by 45.7% to EGP 934.7 thousand ($122.5 thousand), compared with EGP 1.7 million ($223 thousand) a year earlier.

The company’s total revenues amounted to EGP 3.8 million, compared with EGP 4.2 million in FY13.

Financial results for the first nine months of FY14 had shown EGP 830.7 thousand, a decline by 28% from EGP 1.1 million in the same period a year earlier.

Photo Credit: Arabianeye-Reuters