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Rowad Tourism profits drift lower 11% in 9 months

Rowad Tourism profits drift lower 11% in 9 months
Photo Credit: Arabianeye- Reuters
Rowad Misr
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Cairo - Mubasher: Rowad Misr Tourism Investment saw net profits of EGP 9.9 million for the nine-month period ended September 2015, down from EGP 11.1 million a year earlier.

Rowad reported revenues of EGP 47.1 million for this period of 2015, compared with EGP 40 million for the corresponding period of 2014.

Earlier, the firm said its profits reached EGP 2.4 million in the first half of 2015, against EGP 4.5 million for the same period of the previous year.