Trans Oceans Tours saw its net profits drop 67% for the first quarter of 2015, reaching EGP 78,800 compared with EGP 238,600 for the same period of the previous year.

The company's revenues reached EGP 731,800 in Q1-15, compared to EGP 922,800 for the same period of 2014.

Trans Oceans reported net profits of EGP 934,700 last year, a decline of 45.7% from 2013.

The firm is capitalised at EGP 10 million, distributed across 100 million shares at EGP 0.1 par value each.