Egyptian Resorts Co SAE (EGTS)

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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) …

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 …

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, …

Cairo – Mubasher: Egyptian Resorts Company (EGTS) has announced that the sales and reservations of its Bay Village project have reached EGP 181 million. Around 56% of the project’s units were sold and reserved, according to a bourse statement …

Cairo – Mubasher: Egyptian Resorts Company has succumbed into losses during the first quarter of 2019. The Egyptian firm logged net consolidated losses of EGP 5.52 million in the January-March period of 2019, versus a profit of around EGP 726,300 …

Cairo - Mubasher: Egyptian Resorts Company achieved a net revenue of EGP 126.3 million during fiscal year 2018; this was 55% year-on-year lower when compared to EGP 281.1 million registered in 2017. Egyptian Resorts, one of Egypt’s leading master …

Cairo – Mubasher: Egyptian Resorts Co’s board of directors has approved an EGP 106.28 debt settlement with one of the investors. Accordingly, the investor will be exempted from paying any dues for acquiring a stake in the company’s subsidiary Sahl …