Golden Pyramids Plaza
GPPL
-4.86%
1.44
-0.07
GPPL
Cairo – Mubasher: The consolidated financial statements of Golden Pyramids Plaza Company showed a 17% year-on-year increase in profits during the first quarter of 2019.
Year-on-year, the profits surged to $13.18 million during Q1-19 from $11.2 million, including minority shareholders’ rights, the company said in a filing to the Egyptian Exchange (EGX) on Tuesday.
Revenues hiked to $34.58 million in Q1-19 from $30.9 million.
The company’s net standalone profits leaped to $19.5 million in Q1-19 from $10.37 million in the corresponding period last year.
Source:
Mubasher