Misr Hotels
MHOT
-5.68%
113.50
-6.83
MHOT
Misr Hotels Co. seeks to record EGP 61.3 million in profits in the fiscal year 2015/16.
Meanwhile, the company has allocated an amount of EGP 108.1 million in investments in FY15/16, it said in a bourse statement.
Also, the company targets revenues of EGP 96.75 million in FY15/16, according to its estimated budget figures.
The firm suffered EGP 22.2 million in losses for the nine-month period ended March 2015, a decline by 13% from the same period of the previous year.
Source:
Mubasher