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TransOceans Tours 9M profit drops 28%

TransOceans Tours 9M profit drops 28%
Trans Oceans Tours
TRTO
0.00% 0.03 0.00
The board of TransOceans Tours approved unaudited financial indicators for the nine-month period that ended on September 30, 2014, which showed that net profit fell 28% to EGP 830.7 thousand, compared with EGP 1.1 million in the same period a year earlier.
The company’s total revenues amounted to EGP 2.7 million, compared with EGP 3 million in the first nine months of FY13.
H1-14 financial results had shown that net profit fell 41.9% to EGP 453.3 thousand, from EGP 780.8 thousand in H1-13.
The company’s financial results for Q1 had reflected EGP 238.6 thousand net profit, with a decline by 26.6% compared with EGP 325.2 thousand net profit in the same period a year earlier. The company’s FY13 net profit had dropped 35.43% to EGP 1.721 million, compared with EGP 2.667 million net profit in FY12.