Egyptian for Tourism Resorts (Egyptian Resorts) News - Mubasher Info
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26 December 10:26 PM

Egyptian for Tourism Resorts (EGTS)

Last update: 25 December 02:25 PM market time.
8.27
-0.12
-1.43%
Open 8.37
Previous Close 8.37
High 8.42
Low 8.25
Stock Statistics
Volume 3,123,646
Turnover 25,861,446.00
All data are 15 minutes late during market session

News

Photo Archive
2 December 09:41 PM Egyptian Resorts turns to EGP 103m consolidated net profits in 9M-25
Cairo - Mubasher: Egyptian Resorts Company, known as ERC, reported consolidated net profits after tax worth EGP 102.86 million in the first nine months (9M) of 2025, versus net losses after tax of EGP 556.49 million in 9M-24. The earnings per …
Financial Results
Photo Archive
11 September 07:22 PM Egyptian Resorts shifts to EGP 29.5m consolidated profits in H1-25
Cairo - Mubasher: Egyptian Resorts Company swung to consolidated net profits after tax valued at EGP 29.44 million in the first half (H1) of 2025, versus net losses of EGP 749.10 million in H1-24. The group generated operating revenues amounting …
Financial Results
Photo Archive
8 August 2024 00:09 PM Egyptian Resorts reports higher net losses in Q1-24
Cairo – Mubasher: Egyptian Resorts Company incurred consolidated net losses after tax valued at EGP 616.25 million in the first quarter (Q1) of 2024, an annual leap from EGP 37.09 million. Revenues surged to EGP 334.60 million in Q1-24 from EGP …
Financial Results
Photo Archive
29 April 2024 09:28 AM Egyptian Resorts turns to EGP 112.5m consolidated losses in 2023
Cairo – Mubasher: Egyptian Resorts Company shifted to consolidated net losses after tax valued at EGP 112.57 million in 2023, against net profits amounting to EGP 67.50 million in 2022. Earnings per share (EPS) plunged to EGP 0,078 in 2023 from …
Financial Results
Photo Archive
19 November 2023 03:39 PM Egyptian Resorts suffers lower consolidated losses in 9M-23
Cairo – Mubasher: Egyptian Resorts Company incurred consolidated net losses after tax worth EGP 7.63 million in the first nine months (9M) of 2023, an annual plunge from EGP 84.85 million. Revenues enlarged year-on-year (YoY) to EGP 173.41 million …
Financial Results
Photo Archive
29 December 2022 09:26 AM FADICO lowers stake in Egyptian Resorts Company for EGP 19m
Cairo – Mubasher: First Arabian Development & Investment Co. (FADICO) cut its ownership in Egyptian Resorts Company to 14.35% from 15.30% for a total value of EGP 19 million. FADICO sold 10 million shares in the EGX-listed company at an average …
Companies Investments
Photo Archive
22 December 2022 05:33 PM Egyptian Resorts unveils sale, purchase transactions at EGP 2.25/shr
Cairo – Mubasher: Kamar Holding reduced its ownership in Egyptian Resorts Company to 8.30% from 18.31% after selling part of its equity for EGP 235.52 million. Kamar Holding sold 105.13 million shares at an average price of EGP 2.25 per share, …
Trading Activities
Photo Archive
20 December 2022 11:47 AM Egyptian Resorts logs block trading deal worth over EGP 236m
Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block trading transaction worth EGP 236.25 million on the shares of Egyptian Resorts Company. The deal was caried out on 105 million of Egyptian Resorts’ shares, according to a stock …
Companies Investments
Photo Archive
24 November 2022 09:32 AM Egyptian Resorts’ losses widen in 9M-22
Cairo – Mubasher: Egyptian Resorts Company reported consolidated net losses of EGP 84.85 million during the first nine months (9M) of 2022, a surge from EGP 4.33 million in the corresponding period in 2021. Loss per share stood at EGP 0.06 in the …
Financial Results
Photo Archive
31 August 2022 00:00 PM Egyptian Resorts’ losses widen to EGP 93m in H1-22
Cairo – Mubasher: The net losses of Egyptian Resorts Company enlarged to EGP 93.26 million in the first half (H1) of 2022, compared to EGP 13.56 million in H1 of 2021. Loss per share came in at EGP 0.07 during the six-month period ended 30 June …
Financial Results
Photo Archive
6 June 2022 06:04 PM Egyptian Resorts’ consolidated losses leap to EGP 59.5m in Q1-22
Cairo – Mubasher: Egyptian Resorts Company has registered consolidated net losses after tax worth EGP 59.54 million during the first quarter (Q1) of 2022, compared to EGP 6.50 million in Q1-21. Net total revenues surged to EGP 24.43 million in …
Financial Results
Photo Archive
23 November 2021 01:44 PM Egyptian Resorts turns to losses in 9M
Cairo – Mubasher: Egyptian Resorts Company incurred consolidated net losses of EGP 4.33 million during the first nine months of 2021, against EGP 22.183 million net profits in the year-ago period. The company generated revenues of EGP 97.09 …
Financial Results
The transaction involved the sale of 455,000 shares
19 September 2021 05:49 PM Kamar trims stake in Egyptian Resorts Company
Cairo – Mubasher: Bayt El-Khebra Holding (Kamar) reduced its stake in Egyptian Resorts Company to 19.97% from 20.01%. The transaction involved the sale of 455,000 shares for EGP 1.03 million, averaging EGP 2.27 per share, according to a bourse …
Insider Trading & Treasury Stocks
The company incurred net losses of EGP 6.5 million in three months
12 July 2021 03:51 PM Egyptian Resorts responds to news about withdrawing Marsa Alam land plot
Cairo - Mubasher: The Egyptian Resorts Co responded to news reports about the government's withdrawal of 2 million square metres (sqm) of land from non-serious tourism companies in the city of Marsa Alam. The company said that it has not received …
Real estate
The transaction involved the purchase of 37.63 million shares
15 March 2021 03:51 PM Bayt El-Khebra raises stake in Egyptian Resorts for EGP 54m
Cairo – Mubasher: Bayt El-Khebra Holding (Kamar) raised its stake in the Egyptian Resorts Company to 16.64% from 13.06%. The transaction involved the purchase of 37.63 million shares for EGP 53.88 million, averaging EGP 1.43 per share, according …
Insider Trading & Treasury Stocks
he company's revenues increased to EGP 149.97m
11 March 2021 04:16 PM Egyptian Resorts Co registers lower losses in 2020
Cairo – Mubasher: The consolidated financial results of Egyptian Resorts Co reported a decline in net losses to EGP 45.485 million in 2020 from EGP 63.563 million in 2019. The company's revenues increased to EGP 149.97 million in 2020 from …
Financial Results
Revenues grew to EGP 77.16 million in the January-June period
28 September 2020 04:53 PM Egyptian Resorts Co turns profitable in H1-20
Cairo – Mubasher: The Egyptian Resorts Co turned to net profits of EGP 23.64 million during the first half (H1) of 2020, versus net losses of EGP 12.83 million in the year-ago period, including minority shareholders’ rights. Revenues grew to EGP …
Financial Results
The company logged EGP 27.36 million in net profits in three months
3 September 2020 04:35 PM Egyptian Resorts Co’s chairman resigns
Cairo – Mubasher: Egyptian Resorts Co announced the resignation of its chairman and managing director from his position. The resigned chairman will continue to fulfill his duties until the appointment of a new chairman and managing director, the …
Board of Directors
A new study will be carried out based on the current market demand
7 June 2020 01:50 PM Egyptian Resorts reconsiders 321-unit project on COVID-19
Cairo – Mubasher: Egyptian Resorts Co will reconsider the implementation of its ‘270 project’ due to the coronavirus (COVID-9) crisis. Based on the current market demand, another study will be carried out to assess the project related to the …
Companies Investments
Companies face trading suspension on 15 June
1 June 2020 00:41 PM EGX warns 8 listed firms of trading suspension
Cairo – Mubasher: The Egyptian Exchange (EGX) warned that trading on eight listed companies will be suspended if they fail to submit their financial statements for 2019 after the end of the new 45-day reporting period deadline. Companies that face …
Trading Activities
Shahinaz Foda and Hashim El-Sayed Hashim were appointed as independent board members
10 February 2020 01:13 PM Hussein Abu Saada named CEO of Egyptian Resorts Co
Cairo – Mubasher: The board of directors of the Egyptian Resorts Co decided to appoint Hussein Sayed Mohamed Abu Saada as the company’s CEO. The board also decided to appoint Shahinaz Nabil Amin Foda and Hashim El-Sayed Hashim as independent board …
Board of Directors
Revenues fell to EGP 42.8 million
29 December 2019 01:03 PM Egyptian Resorts Co’s losses drop 40% in 9M
Cairo – Mubasher: The Egyptian Resorts Co posed a 40% year-on-year decrease in its net losses during the first nine months of 2019, the company’s consolidated financial statement showed. The company suffered net losses of EGP 15.2 million in the …
Financial Results
270 is expected to be completed in 2025
29 September 2019 00:41 PM Egyptian Resorts unveils EGP 444.4m development
Cairo – Mubasher: Egyptian Resorts Co announced that its board of directors has approved to launch of its latest project, 270, at a total cost of EGP 444.4 million. The new development is set to span 44.54 square metres with a built-up area (BUA) …
Real estate
The company generated revenues of EGP 81.01 million in H1
8 September 2019 01:32 PM Egyptian Resorts Co incurs EGP 13m losses in H1
Cairo – Mubasher: The consolidated financial statements of the Egyptian Resorts Co. showed a 37.8% year-on-year rise in its losses during the first half of 2019. The company incurred net losses of EGP 12.83 million in the January-June period of …
Financial Results
The construction of the project will start in 2020
11 June 2019 10:01 PM Egyptian Resorts’ unit launches EGP 52m project
Cairo – Mubasher: Egyptian Resorts Company (EGTS) has announced that its subsidiary, Sahl Hasheesh for Touristic Investment, launched EGP 52 million Bay Condos. Situated on 2,525 square metres, the project will include 60 new residential units, …
Real estate