Cairo – Mubasher: Golden Pyramids Plaza swung from profits into losses during the  first half of 2016, said the company on Thursday in a bourse filing in light of the unconsolidated results.

The company registered $11.67 million (EGP 209.7 million) losses in the first half, compared with $1.37 million (EGP 24.6 million) profits for the year-ago period.  

Revenues stood at $84.35 million, lower 3.5% year-on-year from $87.37 million.

The Egyptian Exchange decided to suspend trading on the stock until the company submits its consolidated statements for the period ended on 30 June 2016.