Pyramisa Hotels and Resorts (PHTV)

Cairo – Mubasher: The extraordinary general meeting (EGM) of Pyramisa Hotels and Resorts approved reducing the company’s issued capital to EGP 420 million from EGP 432.17 million. The EGP 12.17 million capital reduction will be distributed among …

Cairo – Mubasher: Pyramisa Hotels and Resorts reported net profits of EGP 21.06 million in 2020, down by 43.99% year-on-year (YoY) from EGP 37.6 million. Revenues plummeted to EGP 69.36 million last year, compared to EGP 318.23 million in 2019, …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block-trading deal worth EGP 10.25 million on the shares of Pyramisa Hotels and Resorts. The transaction involved the trading of 500,000 shares, according to a statement on Tuesday. During …

Cairo – Mubasher: Pyramisa Hotels and Resorts reported a 29.77% year-on-year profit decline during 2019, the company’s consolidated financial statements showed.  The company’s net profits shrank to EGP 37.49 million last year from EGP 53.38 …

Cairo – Mubasher: Pyramisa Hotels and Resorts reported a 75.99% year-on-year profit hike during the first nine months of 2019 on the back of rising revenues, the company’s consolidated financial statement showed. Net profits leapt to EGP 61.9 …

Cairo – Mubasher: Pyramisa Hotels and Resorts’ consolidated financial statements reported a 14.9% year-on-year profit decline during the first six months of 2019, recording EGP 21.35 million. As for the standalone statements, the company’s profit …

Cairo – Mubasher: Pyramisa Hotels and Resorts posted a 3.6% year-on-year decline in its consolidated profits during the first quarter of 2019. The company’s net profits recorded EGP 12.16 million in the January-March period of 2019, compared to …

Cairo – Mubasher: Pyramisa Hotels and Resorts on Tuesday reported a 27.7% year-on-year decline in consolidated profits for 2018. The company generated EGP 53.37 million in net profit for the 12-month period ended 31 December 2018, versus EGP 73.9 …

Cairo – Mubasher: Pyramisa Hotels and Resorts on Monday reported a 10.9% year-on-year increase in consolidated profits for the first half of 2018. The company logged EGP 25.11 million in net profit for the six-month period ended June, versus EGP …

Caro – Mubasher: Pyramisa Hotels and Resorts is looking to establish a tourist resort near the Grand Egyptian Museum with preliminary investments of EGP 500 million. The Egypt-based company aims to get the approval of the agriculture and the …

Cairo - Mubasher: The consolidated financial statements of Pyramisa Hotels and Resorts showed a jump in profits by 1992.16% in the first quarter of 2017, according to the a bourse filing. The company said in a statement to the Egyptian Exchange …

Cairo – Mubasher: Pyramisa Hotels and Resorts on Sunday said its ordinary general meeting (OGM) approved dividends to shareholders at EGP 1 per share, totalling EGP 21.6 million for the fiscal year ended 31 December 2016. The OGM also approved the …

Cairo – Mubasher: Pyramisa Hotels and Resorts posted on Monday a rise of 7% in its consolidated profits for fiscal year 2016 to EGP 60.38 million, compared to EGP 56.39 million for FY15. Standalone profits for FY16 amounted to EGP 62.85 million, …

Cairo – Mubasher: Egypt’s Administrative Court adjourned Sahl Hasheesh lawsuit until 21 February, said Egyptian Resorts Company.  The lawsuit was filed by Pyramisa Hotels and Cruises Co. against the Egyptin Resorts Company, for annulling Sahl …

Cairo – Mubasher: Pyramisa Hotels and Resorts posted a decline of 6.8% in net profits for the third quarter of 2016. The company reported net profits of EGP 22.6 million for Q3 – 2016, up from EGP 21.1 million for the same period of the previous …

Cairo – Mubasher: Pyramisa Hotels and Resorts posted a decline of 90% in net profits for the first half of 2016. The company saw net profits of EGP 2.5 million for H1-2016, down from EGP 24.3 million for the same period of the previous year. …

Cairo – Mubasher: Pyramisa Hotels and Resorts expended EGP 83.35 million (AED 34 million) on Pyramisa Suites Hotel Dubai, according to a bourse filing on Monday. Currently, the company is hands on fulfilling all necessary official procedures to …

Cairo – Mubasher: Pyramisa Hotels and Resorts said its consolidated profits decreased by 94.98% in the first quarter of 2016, according to a bourse filing. The company earned EGP 619,100 compared with EGP 12.33 million for the year-ago period. …

Cairo – Mubasher: The Egyptian Resorts Company denied entering into any agreement to indemnify Pyramisa Hotels for any investment damages, said the Egyptian Resort in a bourse filing.   At the current time, no talks are underway to assess the …

Cairo – Mubasher: Both the Egyptian Resorts Company and Pyramisa Hotels and Cruises have agreed to settle down all disputes sparked by Sahl Hasheesh land sale contract, the Egyptian Resorts Company said in a bourse filing. Earlier Pyramisa Hotels …

Cairo – Mubasher: Egypt’s Administrative Court adjourned Sahl Hasheesh lawsuit until 18 July 2016, said Egyptian Resorts Company.   The lawsuit was filed by Pyramisa Hotels and Cruises Co. against the Egyptin Resorts Company, for annulling Sahl …

Cairo – Mubasher: Pyramisa Hotels & Resorts said shareholders of record until 22 March would be entitled to cash dividends for 2014. The company's ordinary general meeting earlier approved paying out EGP 3 per share as cash dividends. The …

By Ahmed Allam Cairo – Mubasher: Pyramisa Hotels & Resorts said its shareholders approved on Sunday the distribution of cash dividends for FY14 at EGP 3 per share. Meanwhile, shareholders voted against the distribution of bonus shares. The …

Cairo-Mubasher: Pyramisa Hotels and Resorts said its board gave the go-ahead for bonus share distribution for 2014 at EGP 3 a share. In March, shareholders approved 0.15-for-1 bonus share distribution at nearly EGP 64.8 million.   The company …

Cairo-Mubasher: Pyramisa Hotels and Resorts reported consolidated net earnings of EGP 56.39 million for the fiscal year 2015, a fall of 38.9% compared with EGP 92.39 million a year earlier. Standalone net profits reached EGP 37.47 million in 2015, …