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Rowad Tourism sees EGP 21.63m block trading deal

Rowad Tourism sees EGP 21.63m block trading deal
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Al Rowad
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Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block trading deal worth EGP 21.63 million on the shares of Rowad Tourism.

The transaction was executed on 720,500 of the company's shares, according to a stock exchange statement on Wednesday.

During the first half (H1) of 2022, Rowad Tourism incurred net losses of EGP 44 million, against profits of EGP 83,900 in the year-ago period, including minority shareholders’ rights.

Moreover, the company’s revenues for the January-June period in 2022 reached RGP 31.39 million, an annual surge from EGP 9.27 million.