Cairo – Mubasher: Misr Hotels has achieved pre-tax profits of EGP 151.13 million in the first half (H1) of fiscal year (FY) 2021/2022, against net losses of EGP 106.46 million in the year-ago period.

The company generated revenues of EGP 241.72 million in the first six months of FY21/22, up from EGP 7.04 million in the same period of the previous year, according to a bourse filing on Sunday.

It is noteworthy to mention that in the first quarter (Q1) of FY21/22, Misr Hotels turned to pre-tax net profits of EGP 66 million, versus net losses of EGP 67.85 million in the same period a year earlier.