trending Market Intelligence /marketintelligence/en/news-insights/trending/9mZwW82dXLIAR2pt4idiUA2 content esgSubNav
In This List

Egyptian International Tourism Q3 profit climbs 21.0% YOY

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation


Egyptian International Tourism Q3 profit climbs 21.0% YOY

4916887 said its normalized net income for the third quarter was 87.4 million pounds, a rise of 21.0% from 72.2 million pounds in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 9.5% from 9.0% in the year-earlier period.

Total revenue climbed 13.0% on an annual basis to 912.0 million pounds from 807.0 million pounds, and total operating expenses increased 11.6% year over year to 771.5 million pounds from 691.0 million pounds.

Reported net income came to 109.1 million pounds, compared with 92.3 million pounds in the prior-year period.

s of Oct. 20, US$1 was equivalent to 8.88 Egyptian pounds.Egyptian International Tourism Projects Co.

4916887 said its normalized net income for the third quarter was 87.4 million pounds, a rise of 21.0% from 72.2 million pounds in the prior-year period.