Cairo-Mubasher: Sharm Dreams Co. for Tourism Investment posted EGP 2.2 million in net profits for the fiscal year 2014, up from EGP 2 million in net losses for a year earlier, the company said in a bourse filing Sunday.

Meanwhile, financial results for the first nine months of 2014 showed EGP 5.3 million in net profits, against EGP 342,000 in net losses for the same period a year earlier.