Cairo – Mubasher: The audited financial statements of Misr Hotels reported a net profit worth EGP 82.5 million during the fiscal year 2015/2016 against net losses of EGP 32.2 million in the fiscal year 2014/2015.

The company has recommended a cash dividend totalling EGP 8.91 million for the fiscal year ended 30 June, 2016, according to a bourse statement issued Thursday.

According to the calculations of Mubasher, Misr Hotels will distribute EGP 0.675 per share.