Misr Hotels News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

Misr Hotels (MHOT)

Last update: 21 May 01:29 PM market time.
30.32
-1.92
-5.96%
Open 32.24
Previous Close 32.24
High 33.90
Low 30.25
Stock Statistics
Volume 1,927,205
Turnover 62,058,520.00
All data are 15 minutes late during market session

News

Net profits stood at EGP 176.39 million
7 August 2019 01:46 PM Misr Hotels’ profit rises 18% in FY18/19; dividends proposed
Cairo – Mubasher: Misr Hotels recorded an 18% year-on-year profit rise during fiscal year 2018/2019 on higher sales. Net profits stood at EGP 176.39 million in the twelve-month period ended 30 June, compared to EGP 149.7 million in the year-ago …
The OGM targets a net profit of EGP 223.96 million in FY19/20
6 May 2019 11:42 AM Misr Hotels approves FY19/20 budget scheme
Cairo – Mubasher: The ordinary general meeting (OGM) of Misr Hotels has approved the estimated budget scheme for fiscal year 2019/2020. The OGM targets achieving a net profit of EGP 223.96 million in FY19/20, compared to the board’s proposal of …
The company’s profit reached EGP 191.67 million
16 April 2019 06:54 PM Nile Ritz-Carlton revenue boosts Misr Hotels’ profit in 9M
Cairo – Mubasher: Misr Hotels reported an 18.5% year-on-year profit increase during the first nine months of the current fiscal year, pushed up by the occupation of The Nile Ritz-Carlton Hotel. The company’s profit reached EGP 191.67 million from …
Misr Hotels exits from HOTAC on VAT crisis
3 April 2019 03:31 PM Misr Hotels exits from HOTAC on VAT crisis
Cairo – Mubasher: Misr Hotels on Wednesday announced it will exit from the Holding Company for Tourism and Hotels (HOTAC) and will stop investing in it. This move came as Misr Hotels is currently facing obstacles with the Egyptian Tax Authority …
Revenues increased to EGP 462 million in FY17/18
2 August 2018 02:48 PM Misr Hotels profits rise 58% in FY17/18
Cairo – Mubasher: The financial indicators of Misr Hotels have shown a 57.6% year-on-year surge in profits for the fiscal year 2017/2018 due to higher sales. The company logged EGP 149.8 million in profits during the July-June period of FY17/18, …
The company achieved profits of EGP 161.7 million in the July-March period of FY 2017/2018
15 April 2018 02:36 PM Misr Hotels profit up 28% in 9M
Cairo – Mubasher: The financial indicators of Misr Hotels has shown a 28% year-on-year surge in profits for the nine months ended March 2018 due to higher sales. The company achieved profits of EGP 161.7 million in the July-March period of fiscal …
The OGM  endorsed the investment scheme for FY17/18
5 April 2018 00:47 PM Misr Hotels OGM nods to FY17/18 budget
Cairo – Mubasher: The ordinary general meeting (OGM) of Misr hotels has approved its estimated budget for fiscal year 2017/2018, targeting a net profit of EGP 99.63 million compared to an estimated profit of EGP 99.552 million for the current …
Misr Hotels is also planning to invest EGP 113.55 million in FY18/19
25 February 2018 03:01 PM Misr Hotels eyes EGP 100m profits in FY18/19
Cairo – Mubasher: Misr Hotels it targets an EGP 99.63 million in profit margin for fiscal year 2018/2019, compared to an estimated profit margin of EGP 99.552 million for the current fiscal year, the company said on Sunday.  The Egypt-based firm …
The 12th expedited payment has been paid recently at a value of EGP 16.18 million
23 January 2018 01:06 PM Misr Hotels settles EGP 268m of NBE’s loan
Cairo – Mubasher: Misr Hotels on Tuesday said that it has paid off EGP 268.4 million instalments of a loan secured by National Bank of Egypt (NBE) since 24 January 2016 until now. The 12th expedited payment has been paid recently at a value of EGP …
Net profit amounted to EGP 88.6 million in the July-December 2017 period
14 January 2018 01:33 PM Misr Hotels’ profits slip in H1
Cairo – Mubasher: The financial indicators of Misr Hotels on Sunday showed a 6% year-on-year fall in profits for the first half of fiscal year 2017/2018. Net profit amounted to EGP 88.6 million in the July-December 2017 period, compared to EGP …
Misr Hotels OGM approved distributing cash dividends of EGP 33m
17 September 2017 05:19 PM Misr Hotels OGM nods dividends distribution at EGP 2.5/shr
Cairo – Mubasher: Misr Hotels’ ordinary general meeting (OGM) approved distributing cash dividends at EGP 2.5 per share for fiscal year 2016/2017. The OGM agreed on distributing cash dividends on shareholders at a total value of EGP 33 million, …
Misr for Sound & Light stated on Friday that its losses were narrowed by 42% by the end of the fiscal year 2016/2017 ended on 30 June 2017
16 September 2017 06:48 PM Misr for Sound & Light losses trim by 42% in FY16/17
Cairo – Mubasher: Misr for Sound & Light stated on Friday that its losses were narrowed by 42% by the end of the fiscal year 2016/2017 ended on 30 June 2017. The company’s losses stood at EGP 11.4 million, whereas the revenues of activities …
Misr Hotels pays EGP 171.7m of NBE loan
10 August 2017 09:55 PM Misr Hotels pays EGP 171.7m of NBE loan
Cairo – Mubasher: Misr Hotels on Thursday said it paid EGP 171.67 million of the National Bank of Egypt’s (NBE) loan since 24 January until now. The loan was allocated to develop the Nile Ritz-Carlton Hotel, Cairo, Misr Hotels added. The seventh …
Misr Hotels on Monday reported a 15.2% year-on-year rise in profits
24 July 2017 02:52 PM Misr Hotels annual profits surge 15%
Cairo – Mubasher: Misr Hotels on Monday reported a 15.2% year-on-year rise in profits, according to a bourse filing. The firm achieved profits of EGP 95.03 million between July 2016 and June 2017 from EGP 82.46 million in the corresponding period …
The Egyptian Exchange (Photo credit: Mubasher)
22 March 2017 01:50 PM Misr Hotels stock reaches highest level in 5 years
Cairo – Mubasher: Misr Hotels’ stock hit a five-year high in Wednesday’s mid-trading. By 11:46am Cairo time, the stock rose 8.95% to EGP 32.98, its highest level since 19 March 2012. Turnover amounted to EGP 60,300.
(Photo credit: Company's website)
6 March 2017 00:07 PM Misr Hotels OGM to discuss 2017/18 estimated budget 23 March
Cairo – Mubasher: Misr Hotels Company said Monday that its ordinary general meeting (OGM) will discuss the estimated budget for the fiscal year 20117-2018 on 23 March. The company targets a net profit of EGP 31.7 million for fiscal 2017/18, and …
Profits totalled EGP 94.24 million in H1 - (Photo Credit: Arabianeye-Reuters)
14 February 2017 05:27 PM Misr Hotels Q2 profits rises on FX gains
Cairo - Mubasher: Misr Hotels reported FX gains of EGP 76.75 million after the pound flotation, according to a bourse filing. The company’s financial statements showed an increase in profits by 22.3% to EGP 96.988 million in the second quarter of …
Misr Hotels to allocate EGP 168.05m to Arabian Construction Company
8 December 2016 01:00 PM Misr Hotels to allocate EGP 168.05m to Arabian Construction Company
Cairo – Mubasher: Misr Hotels said its board of director gave a nod to allocating EGP 168.05 million to the Arabian Construction Company in return for the additional architecture works in Ritz Carlton Hotel. The additional amount comes in the …
The Nile Ritz Hotel - Photo Credit: Company Website
23 October 2016 05:05 PM Misr Hotel turns a loss in Q1
Cairo – Mubasher: Misr Hotels swung from profits into losses during the first quarter of the fiscal year 2015/16, according to a bourse filing on Sunday. The company registered EGP 2.74 million losses in the first quarter against a net profit of …
The Nile Ritz Hotel - Photo Credit: Company Website
18 October 2016 00:01 PM Misr Hotels' OGM nods for dividend payout at 67.5 piasters/shr
Cairo – Mubasher: Misr Hotels said Tuesday that its ordinary general meeting (OGM) approved distributing cash dividends at 67.5 piasters per share for the fiscal year ended on 30 June 2016. The company turned a profit in the fiscal year 2015/16 …
The company has recommended a cash dividend totalling EGP 8.91 million (Photo Credit: Arabianeye-Reuters)
29 September 2016 03:27 PM Misr Hotels FY15/16 financials turn profitable
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 …
Misr Hotels
21 August 2016 05:53 PM Misr Hotels narrows losses by 17.6% in Q4
Cairo – Mubasher: Misr Hotels said it brought its losses by 17.6% for the fourth quarter of FY2015/16. The company logged losses of EGP 8.2 million in Q4-FY15/16, compared with EGP 9.96 million for the same period of the previous year. As for the …
Dahab Resort (Photo Credit: Company's Website)
12 April 2016 03:20 PM Misr Hotels turns profitable in 9M
Cairo – Mubasher: Misr Hotels earned a net of EGP90.3 million during the nine-month period ended in 31 March 2016 against a net loss of EGP22.2 million for the year-ago period. The board of directors agreed to deduct the EGP118.8 million retained …
Photo - Archive
24 January 2016 01:26 PM Misr Hotels posts EGP84m profit for H1-2015/16
Cairo – Mubasher: Misr Hotels Company’s financial indicators showed turning to profits in the first half of FY15/16. The company said H1 net profit after tax reached EGP84.2 million ($10.8 million), against a net loss of EGP14.46 million ($1.9 …
Photo Archive
12 January 2016 00:32 PM Misr Hotels in talks with NBE over EGP 100m loan
Cairo-Mubasher: The board of Misr Hotels gave the go-ahead for taking the necessary procedures of getting an EGP 100 million loan from the National Bank of Egypt (NBE), the company said in a bourse statement. The loan will be used to develop Dahab …