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Sharm Dreams turns into losses in 2015

Sharm Dreams turns into losses in 2015
One of the company's resort in Sharm El-Sheikh (Photo Credit: Company's website)
Sharm Dreams
SDTI
0.51% 15.64 0.08

Cairo – Mubasher: Sharm Dreams Company for Touristic Investment logged EGP8.7 million losses in 2015, against EGP2.2 million profits in 2014, according to financial statements posted Tuesday.

The company's distributable profits stand at EGP62.8 million, while retained earnings amount to EGP71.5 million.

Shareholders will consider 2015 cash dividends in their upcoming ordinary general meeting.