Cairo – Mubasher: Golden Pyramids Plaza said, in a bourse filing posted Sunday its non-consolidated net profits for the first half of 2015 fell by 91.7% to $1.37 million (EGP 10.7 million), down from $19.5 million (EGP 152.4 million) in the same period a year earlier.

Meanwhile, the six-month gross profits amounted to $71.5 million, up from $45.86 million in H1-14.

The company earlier reported a 20% fall in consolidated net profits for the first quarter of the fiscal year 2015 to $18.567 million (EGP 145.996 million), down from $23.28 million (EGP 183.063 million) in the same period a year earlier.

Meanwhile, Q1 standalone net profit amounted to $5.193 million ($39.70 million), compared with $19.070 million (EGP 145.80 million) in the first quarter of 2014.