Cairo – Mubasher: Golden Coast El Sokhna for Touristic Investment posted a rise in its FY16 first quarter profits by 2.83% year-over-year, according to a bourse statement.

 The company earned EGP 1.06 million compared to EGP 1.03 million for the first quarter of 2015, the statement indicated.

Over the course of 2015, the company gained EGP 7.3 million compared to EGP 6.2 million in 2014.